Business Culture Principles Reflected in The Enterprise Development Strategy

The purpose of this study was to investigate how the foundations of business culture influenced the creation and implementation of the development strategy of enterprises. The study compared the key elements of business culture, such as corporate values, management principles, and ethical norms, with the impact of these elements on the long-term strategy at Google, Toyota, Starbucks, and Nova Poshta. The study analysed the practices of international companies that actively integrate elements of business culture into their strategy, which leads to increased efficiency and adaptability. In contrast to companies that underestimate the significance of business culture in their strategic planning, organisations with clearly defined corporate values demonstrate stable results and a better ability to adapt to external challenges. The practices of European and American companies show that business culture is a crucial factor that helps to maintain a company’s market stability and ensure its competitive advantage. At the same time, Ukrainian companies that are just beginning to actively integrate business culture into their strategies face certain challenges in adapting to new market conditions and global trends. The study showed that business culture, which forms an organic part of the development strategy, not only contributes to the efficiency of the enterprise but also creates more opportunities for its innovative growth and long-term stability. Based on the findings, it is crucial to integrate the principles of business culture into the strategic management of an enterprise to achieve its sustainable development in a globalised market.

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Publication Details

Journal
International Journal of Accounting and Economics Studies
Published
2025-08-28
DOI
https://doi.org/10.14419/exs2m318
Primary Topic
Business and Economic Development
Type
article
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article

Business Culture Principles Reflected in The Enterprise Development Strategy

Ihor Yatsiv, Наталія Зеліско, O. Lysiuk, Наталія Райтер et al.
International Journal of Accounting and Economics Studies
Business and Economic Development
article

Business Culture Principles Reflected in The Enterprise Development Strategy

Ihor Yatsiv, Наталія Зеліско, O. Lysiuk, Наталія Райтер, Nataliia Markovych
article en

Abstract

The purpose of this study was to investigate how the foundations of business culture influenced the creation and implementation of the development strategy of enterprises. The study compared the key elements of business culture, such as corporate values, management principles, and ethical norms, with the impact of these elements on the long-term strategy at Google, Toyota, Starbucks, and Nova Poshta. The study analysed the practices of international companies that actively integrate elements of business culture into their strategy, which leads to increased efficiency and adaptability. In contrast to companies that underestimate the significance of business culture in their strategic planning, organisations with clearly defined corporate values demonstrate stable results and a better ability to adapt to external challenges. The practices of European and American companies show that business culture is a crucial factor that helps to maintain a company’s market stability and ensure its competitive advantage. At the same time, Ukrainian companies that are just beginning to actively integrate business culture into their strategies face certain challenges in adapting to new market conditions and global trends. The study showed that business culture, which forms an organic part of the development strategy, not only contributes to the efficiency of the enterprise but also creates more opportunities for its innovative growth and long-term stability. Based on the findings, it is crucial to integrate the principles of business culture into the strategic management of an enterprise to achieve its sustainable development in a globalised market.

International Journal of Accounting and Economics StudiesVol. 12(SI-2)
Lviv National Agrarian University (UA)
Openalex Percentile: Top 69%
Business and Economic Development
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