Issue №: 8 (48)
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.
MODERN VERTICALLY INTEGRATED MODEL OF BUSINESS ORGANIZATION WITH A CLOSED PRODUCTION CYCLE
ФОСТОЛОВИЧ Валентина Анатоліївна – д. філософії, к.с.-г. н., доцент кафедри обліку
та оподаткуванняв галузях економіки, Вінницький національний аграрний університет (21008,
м. Вінниця, вул. Сонячна 1, е-mail: Fostolovich@mail.ru)
ШИНЬКОВИЧ Андрій Васильович – аспірант кафедри бухгалтерського обліку,
Вінницький національний аграрний університет (21008, м. Вінниця, вул. Сонячна, 3)
FOSTOLOVYCH Valentyna - Dr. PhD, Associate Professor of the Department of Accounting
and Taxation in the branches of the economy Faculty of Accounting and Auditing of Vinnytsia National
Agrarian University (21008, Vinnitsa, 3, Soniachna str., e-mail: vfostolovich@gmail.com)
SHINKOVICH Andriy – PhD student of accounting department, Vinnytsia National Agrarian
University. (21008, Vinnytsia, Soniachna str. 3).
ФОСТОЛОВИЧ Валентина Анатольевна – д. философии, к.с.-х.н., доцент кафедры
учета и налогообложения в отраслях экономики факультета учета и аудита, Винницкий
национальный аграрный университет (21008, г. Винница, ул. Солнечная 1, е-mail:
Fostolovich@mail.ru
ШИНЬКОВИЧ Андрей Васильевич – аспирант кафедры бухгалтерского учета,
Винницкий национальный аграрный университет (21008, г. Винница, ул. Солнечная, 3)
The article substantiates that the main condition for transnational cooperation is the
implementation of international rules of organization and conduct of business. The main elements of
such cooperation are identified, in particular, which fulfill the conditions of environmental, economic
and social security. The study found that the idea of an international partnership at European level is
possible by fulfilling the requirements of certified management systems in accordance with the standards
of the ISO-9000, ISO-14000, ISO-18000 and others. It is substantiated that business performance is
determined by the efficiency of the organization of the production process, the level of perfection of the
management system and the process of sales of products or services provided. It is proved that by
dividing the amount of received revenues and expenses by each of the separate stages of the production
process, we get some efficiency individually for each of the stages, which are often realized by separate
enterprises with indicators lower than expected. The importance of understanding that value added at
each stage of the production process emphasizes the overall economic result is emphasized. It is
proposed to formulate the whole process from production to the final product to the consumer in a single
closed cycle, whereby the entire amount of added value will increase the efficiency of the business as a
whole, improving its competitive position in the market. On the way to economic growth of business
structures it is important to find the most favorable business organization models. Forming a business
on the basis of a vertically integrated model involves the integration of heterogeneous groups of
enterprises into one system, which will ensure the implementation of a holistic process from the
organization of the production process, and the production of products to the sale of its consumer. The
economic performance of enterprises with a vertically integrated structure depends on how well the
links between the elements of the business structure will be built, how strong and mutually consistent
such links will be, on the availability and quality of the information resources that underpin the adoption
of management solutions. The article substantiates the feasibility of forming a business on the basis of
a closed cycle of production and defines ways to implement the results obtained in the scheme of
functioning of existing enterprises in Ukraine.
1. Bilokon T.M. (2019) Osoblyvosti funktsionuvannia vertykalno intehrovanykh struktur
[Features of functioning of vertically integrated structures]. URL: Users/user/Downloads/861-2960-2-PB.pdf (Accessed 19 Nov. 2019) [in Ukrainian].
2. Buriak, P.I., Livinska O.V. (2011). Transformatsiia pidpryiemnytskykh struktur v umovakh
intehratsii [Transformation of business structures in the conditions of integration]. Visnyk Lvivskoi
derzhavnoi finansovoi akademii – Bulletin of the Lviv State Financial Academy, 18, 7- 16 [in Ukrainian].
3. Koliesnikov D.V. (2011) Stvorennia efektyvnykh modelei vertykalno-intehrovanykh struktur
v Ukraini [Creation of effective models of vertically integrated structures in Ukraine]. URL:
Downloads/9474-13935-2-PB.pdf (Accessed 22 Nov 2019) [in Ukrainian].
4. Kotljarov I.D. (2016) Vertikal'no kooperirovannye agropromyshlennye organizacii v sel'skom
hozjajstve stran SNG [Comparative analysis of models of organizational structures of the enterprise].
Ekonomika APK - APK Economy. 10. 89-94 [In Russian].
5. Petrenko S.A. (2010). Porivnialnyi analiz modelei orhanizatsiinykh struktur pidpryiemstva
[Comparative analysis of models of organizational structures of the enterprise]. Biulleten
mizhnarodnoho Nobelivskoho ekonomichnoho forumu. Zbirnyk naukovykh prats - Bulletin of the
International Nobel Economic Forum. Collection of scientific works, 1(3), 245-252. [in Ukrainian].
6. Pidlisnyi P., Chekhovska M. Teoretychni ta praktychni pidkhody do stvorennia vertykalno-intehrovanoi systemy hospodarskoho upravlinnia na zaliznychnomu transporti [Theoretical and
practical approaches to the creation of a vertically integrated system of economic management on
railway transport]. Ekonomist – Economist. 5, 58-62. [in Ukrainian].
7. Kajuchenko A.V. (2009) Informacionnye tehnologii upravlenija predprijatiem kak
sovremenyj faktor konkurentosposobnosti predprijatija [Information technology enterprise management
as a modern factor in the competitiveness of the enterprise]. Kreativnaja jekonomika – Creative
economy, 10 (34), 71-76. [in Ukrainian].
8. Kaletnik G.M., Gunko I.V. Innovatsiini platformy orhanizatsii naukovo-dyskusiinykh
molodizhnykh maidanchykiv u konteksti yevrointehratsiinoho rozvytku ahrarnoi ekonomiky [Innovative
platforms for organizing scientific and discussion youth sites in the context of European integration of
agrarian economics], Ekonomika. Finansy. Menedzhment: aktualni pytannia nauky i praktyky - Economy.
Finance. Management: actual nutrition of science and practice, 4, 7-18. [in Ukrainian].
9. Kraus, N. M., Goloborodko, O. P. and Kraus, K. M. (2018), Tsyfrova ekonomika: trendy ta
perspektyvy avanhardnoho kharakteru rozvytku [Digital economy: trends and perspectives of the
abangard change of development], Efektyvna ekonomika - , [Online], vol. 1, available at:
http://www.economy.nayka.com.ua/?op=1&z=6047 (Accessed 20 Nov 2019).
10. Merezha Hlobalnoho dohovoru OON v Ukraini [Merezha UN Global Compact in Ukraine].
URL: http://www.un.org.ua/ua/informatsiinyi-tsentr/news/3195-2013-10-31-11-25-45-merezha-globalnogo- dogovoru-oo (Accessed 19 Apr 2019) [in Ukrainian].
11. Pro skhvalennia Kontseptsii rozvytku tsyfrovoi ekonomiky ta suspilstva Ukrainy na 2018-2020 roky ta zatverdzhennia planu zakhodiv shchodo yii realizatsii: rozporiadzhennia Kabinetu
Ministriv Ukrainy vid 17 sichnia 2018 r. - №67-r. [About the concept of digital economy development
and the suspension of Ukraine for 2018-2020, the fate and the consolidated plan for the implementation
of the real estate: the order of the Cabinet of Ministers of Ukraine on September 17, 2018 p. No. 67-p.]
URL: https://www.kmu.gov.ua/npas/pro-shvalennya-koncepciyi-rozvitku-cifrovoyi-ekonomiki-ta-suspilstva-ukrayini-na-20182020-roki-ta-zatverdzhennya-planu-zahodiv-shodo-yiyi-realizaciyi
(Accessed 19 Apr 2019) [in Ukrainian].
12. Sait Derzhavnoi sluzhby statystyky Ukrainy: Informatsiine suspilstvo [The site of the State
Statistical Service of Ukraine: Information suspension]. URL: http://www.ukrstat.gov.ua/
operativ/operativ2017/ni/vvndr_vr/vvndr_vr_u.htm (Accessed 25 Jan. 2019) [in Ukrainian].
13. Uhoda pro asotsiatsiiu mizh Ukrainoiu, z odniiei storony, ta Yevropeiskym Soiuzom i yoho
derzhavamy- chlenamy, z inshoi storony [Pleasure about the association between Ukraine, from one side, and
that by the European Union and its member states, from the o ther side] URL: https://euroua.com/association/eu-ukraine- association- agreement_UA.pdf (Accessed 25 Jan. 2019) [in Ukrainian].
14. Fostolovych, Valentyna (2019), Klastery, yak efektyvna model suchasnoho biznesu [Clusters as an
effective model of modern business], Efektyvna ekonomika - Effective Economics, [Online], vol. 5, available at:
http://www.economy.nayka.com.ua/?op=1&z=7036 (Accessed 22 Nov 2019). [in Ukrainian].
15. Fostolovych, Ruslan and Fostolovych, Valentyna (2018), Suchasnyi pidkhid do systemy
upravlinnia pidpryiemstvom iz vrakhuvanniam danykh otsinky ekosystem [Modern approach to
enterprise management system taking into account ecosystem assessment data], Efektyvna ekonomika -Effective Economics, [Online], vol. 10, available at: http://www.economy.nayka.com.ua/
?op=1&z=6622 (Accessed 22 Nov 2019). [in Ukrainian].
16. Tsyhanok A. Ukraynskye predpryiatyia nachynaiut vnedriat tekhnolohyy big data y
monetyzyrovat «bolshye dannыe» [Ukrainian enterprises begin to introduce big data technologies and
monetize "big data"] URL: https://www.lisportal.org.ua/27297/ (Accessed 25 Jan. 2019) [in Ukrainian].
17. Global Compact Network Ukraine URL: https://globalcompact.org.ua/join/ (Accessed 25 Jan.
2019) [in English].
18. Chandrasekaran S., Levin R., Patel H., Roberts R. (2013). Winning with IT in consumer packaged
goods: Seven trends transforming the role of the CIO. McKinsey & Company URL:
https://www.mckinsey.com/business- functions/mckinsey-digital/our- insights/winning-with-it- in-consumer-packaged-goods-seven- trends- transforming-the-role-of-the- cio (Accessed 25 Jan. 2019) [in English].
About journal
051 Economics
071 Accounting and taxation
072 Finance, banking and insurance
073 Management
075 Marketing
076 Business, trade and exchange activities
241 Hotel, restaurant and catering
281 Public administration
The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine".
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The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.
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Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.
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It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.
From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)
The journal is the successor to the edition ”Collection of Scientific Papers of Vinnytsia National Agrarian University. Series: Economic Sciences. "
