Evaluating Corporate Competitive Advantages Through Managerial Economics

Authors

  • Xuan Zhang

DOI:

https://doi.org/10.54097/g356wv64

Keywords:

Core competitiveness, Managerial economics, Strategy

Abstract

This paper conducts an in-depth analysis of enterprise core competitiveness from the perspective of managerial economics. First, it elaborates on the concept and connotation of enterprise core competitiveness, pointing out that core competitiveness is the source of maintaining long-term competitive advantage for enterprises. Second, from the perspective of managerial economics, it explores the formation mechanism and influencing factors of enterprise core competitiveness, such as enterprise resources, capabilities, knowledge, and management, and analyzes the relationship between enterprise core competitiveness and performance. Finally, it proposes strategic suggestions for enhancing enterprise core competitiveness. The research in this paper aims to provide theoretical support and practical guidance for enterprises to understand, cultivate, and improve their core competitiveness.

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References

[1] Liu, J., Lu, H., & Li, X. (n.d.). On the Core Competence of Enterprises.

[2] Zhang, L., Qiu, P., & Cao, P. (2023). Does digital transformation enhance the core competitiveness?—Quasi-natural experimental evidence from Chinese traditional manufacturing. PLOS ONE, 18(11), e0289278. https://doi.org/10.1371/journal.pone.0289278

[3] Lv, Q., & Chen, C. (2022). Government Structure, Political Connection, and Enterprise Resource Acquisition of Multidimensional Environmental Impact: An Empirical Study Based on the Structural Equation Model. Journal of Environmental and Public Health, 2022(1), 4471412. https://doi.org/10.1155/2022/4471412

[4] Pavlenchyk, N., Horbonos, F., Pavlenchyk, A., & Skrynkovskyy, R. (2018). Research of competitiveness of the enterprise on the principles of strategic planning. Technology Audit and Production Reserves, 5(4(43)), 9–14. https://doi.org/10.15587/2312-8372.2018.146091

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Published

30-09-2024

Issue

Section

Articles

How to Cite

Zhang, X. (2024). Evaluating Corporate Competitive Advantages Through Managerial Economics. Frontiers in Business, Economics and Management, 16(3), 244-246. https://doi.org/10.54097/g356wv64