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2nd International Workshop on Information Technologies: Theoretical and Applied Problems, ITTAP 2022 ; 3309:363-375, 2022.
Article in English | Scopus | ID: covidwho-2169661

ABSTRACT

The article aims to determine and interpret the export-oriented sustainable management for Ukrainian industrial enterprise's profitability with the help of economic-mathematical modeling instruments. Considering the instability of the world trade economy caused in particular because of the full-scale war that russian federation started in Ukraine, intensification of European integration processes combined with restrictions of COVID-19 pandemic cycles, that changed directions of economic development in many European countries and the globe, there is a necessity for renewed approach to analyze and manage business activities of different companies. The research illustrates approaches of grouping and systematization of problems that define foreign economic activity under integration conditions with the usage of economic-mathematical modeling tools. In order to determine the impact of economic factors on the processes of sustainable management decision-making process, the multifactor regression model was used. The Ukrainian industrial export-oriented enterprise was chosen as a case study. The results allowed to underline the most positive influence on the enterprise's profitability level. The findings demonstrate that companies can analyze the structural-value indicators and identify the main factors of influence on the sustainable management of export-oriented company's profitability. The methodology presented throughout the article can be extrapolated to other situations that consider sustainable management for industrial export-oriented enterprises' profitability. Based on the results obtained the further research might be conducted on how companies can define the keys factors influencing their export production potential and profitability with the aim to develop sustainable managerial decisions. © 2021 Copyright for this paper by its authors.

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