Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises

The research paper presents the review of “strategy” and “business model” categories, substantiates indices for determining current business model strategic alternatives of restaurant enterprises, proposes the assessed verbal and numerical scale to decide on the strategic transformation of current r...

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Main Authors: HORSUK, Viktoriia, ZUBKOV, Serhii, IVANOVA, Tetiana
Format: Article
Language:English
Published: Technical University of Moldova 2019-12-01
Series:Journal of Social Sciences
Subjects:
Online Access:http://ibn.idsi.md/sites/default/files/imag_file/JSS-2019-4_pp-65-74.pdf
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author HORSUK, Viktoriia
ZUBKOV, Serhii
IVANOVA, Tetiana
author_facet HORSUK, Viktoriia
ZUBKOV, Serhii
IVANOVA, Tetiana
author_sort HORSUK, Viktoriia
collection DOAJ
description The research paper presents the review of “strategy” and “business model” categories, substantiates indices for determining current business model strategic alternatives of restaurant enterprises, proposes the assessed verbal and numerical scale to decide on the strategic transformation of current restaurant business enterprise model, as well as it develops the strategic transforming matrix. The choice of alternative strategy is recommended depending on the matrix segments. The methodological tools are tested on the set of restaurant business enterprises and it is concluded that their implementation into practice provides the increase of decisions validity level regarding the basic principles application of the innovative advantage concepts in the competitive market.
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spelling doaj.art-463ce8a83adf41c4af202d37821dbc9c2022-12-22T00:27:56ZengTechnical University of MoldovaJournal of Social Sciences2587-34902587-35042019-12-0124657410.5281/zenodo.3550687Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprisesHORSUK, Viktoriia0ZUBKOV, Serhii1https://orcid.org/0000-0002-4892-8284IVANOVA, Tetiana2Kharkov State University of Food Technology and Trade, Kharkov, Ukraine Kharkov State University of Food Technology and Trade, Kharkov, Ukraine Kharkov State University of Food Technology and Trade, Kharkov, Ukraine The research paper presents the review of “strategy” and “business model” categories, substantiates indices for determining current business model strategic alternatives of restaurant enterprises, proposes the assessed verbal and numerical scale to decide on the strategic transformation of current restaurant business enterprise model, as well as it develops the strategic transforming matrix. The choice of alternative strategy is recommended depending on the matrix segments. The methodological tools are tested on the set of restaurant business enterprises and it is concluded that their implementation into practice provides the increase of decisions validity level regarding the basic principles application of the innovative advantage concepts in the competitive market.http://ibn.idsi.md/sites/default/files/imag_file/JSS-2019-4_pp-65-74.pdfstrategybusiness modelrestaurant businessstrategic managementstrategic alternatives
spellingShingle HORSUK, Viktoriia
ZUBKOV, Serhii
IVANOVA, Tetiana
Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises
Journal of Social Sciences
strategy
business model
restaurant business
strategic management
strategic alternatives
title Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises
title_full Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises
title_fullStr Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises
title_full_unstemmed Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises
title_short Substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises
title_sort substantiation of the strategic alternatives for transformation of business models in restaurant business enterprises
topic strategy
business model
restaurant business
strategic management
strategic alternatives
url http://ibn.idsi.md/sites/default/files/imag_file/JSS-2019-4_pp-65-74.pdf
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AT ivanovatetiana substantiationofthestrategicalternativesfortransformationofbusinessmodelsinrestaurantbusinessenterprises