American Journal of Business Management, Economics and Banking

STRATEGIC PLANNING IN INDUSTRIAL ENTERPRISES

2024-10-04T09:33:15+00:00

The article is devoted to the issues of strategic planning in industrial enterprises, including its role in improving efficiency and competitiveness in a market economy. The main stages and methods of strategy development, features of choosing the optimal strategy and its adaptation to changing environmental conditions are considered. Special attention is paid to the assessment of economic feasibility and risks in strategic planning. The paper also presents theoretical foundations, methods and approaches that can be applied to implement strategic planning in enterprises of Uzbekistan.

STRATEGIC ALLIANCES ON THE SUSTAINABILITY OF SMALL AND MEDIUM ENTERPRISES (SMES) IN RIVERS STATE

2024-10-04T17:28:53+00:00

This study investigates the impact of strategic alliances on the sustainability of Small and Medium Enterprises (SMEs) in Rivers State, Nigeria. The SMEs face a myriad of challenges such as inadequate funding, insufficient managerial expertise, leveraging shared resources, knowledge, and methods which threatens their sustainability and growth. It was in view of these aforementioned problems that necessitated this research in order to proffer solutions for SMEs to achieve sustainability and enhance growth. In solving these problems, the research involved statement and analysis of four hypotheses. Using a sample of 250 respondents randomly selected from ten SMEs, the research examines the relationships between strategic alignment, resource sharing, operational efficiency, and market expansion. The data were analyzed using the Spearman rank-order correlation coefficient. The findings reveal that both strategic alignment and resource sharing significantly contribute to operational efficiency and market expansion of SMEs. The study concludes that fostering strategic alliances is essential for enhancing the sustainability and growth of SMEs in the region. Recommendations for SMEs and policymakers are provided to facilitate effective strategic partnerships and resource sharing.

PROBLEMS AND OPPORTUNITIES FOR THE DEVELOPMENT OF ISLAMIC BANKING

2024-10-04T17:31:23+00:00

In recent years, Muslim countries have accumulated a significant amount of finances. In order to attract them to the economy of Uzbekistan, it is necessary to make some amendments to the legislation to create conditions for the development of Islamic banking.

WAYS TO IMPROVE LOCAL BUDGET REVENUE GROWTH

2024-10-07T09:18:44+00:00

Ways to improve the increase of local budget revenues are considered. Factors affecting tax revenues of local budgets are analyzed. Also, the tax rates collected from the income of individuals in the countries of the world were comparatively analyzed.

A COMPREHENSIVE ANALYSIS OF GLOBAL FOREIGN DIRECT INVESTMENT TRENDS: INSIGHTS INTO SECTORAL PATTERNS AND REGIONAL DISTRIBUTION

2024-10-11T07:04:54+00:00

This article provides a concise analysis of global foreign direct investment trends from 1990 to 2021. Drawing from authoritative reports, the study highlights the general changes in FDI flows over the period and examines their distribution by region and industry. The findings offer valuable insights into investment behavior, aiding policymakers and businesses in enhancing global investment strategies for sustainable economic growth.