Methodology and mechanisms of sustainable development of agricultural companies on the basis of competitive advantages

BIO Web of Conferences, 2024

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DOI 10.1051/bioconf/20249303019
Data confidence 70 medium
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Abstract

The problems of ensuring sustainable development of agricultural companies on the basis of their competitive advantages have been studied. The methodology of formation and development of mechanisms of sustainable development of the company on the basis of its competitive advantages is developed and the block diagram of the algorithm realising is drawn up. The developed methodology is based on the comparison of indicators of the managed and the leading company of the agro-industrial complex and the elimination of the difference on the basis of the development of sustainable development mechanisms and competitive advantages. The concept of sustainability of agricultural companies, which defines the state of continuous, dynamic development and ensures the current and future market demand for quality agricultural products, The mechanisms of sustainable development of the company are considered as an organisational subsystem of the campaign, implementing its activities to ensure sustainable development. The originality of the study lies in the development of an algorithm for the implementation of the proposed methodology for the formation of the mechanism of sustainable development of the company, providing sustainable development of the company on the basis of its competitive advantages and benchmarking.