Income generation strategy in the overall hierarchy of business strategy

To comply with claims of a modern economy significantly increases the role of strategic revenue management in enterprises, and in the first place, strategic management of income generation. The concept of an income generation strategy is not disclosed in the scientific literature, in this connection...

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Main Author: S.V. Shastun
Format: Article
Language:English
Published: Zhytomyr State Technological University 2015-03-01
Series:Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki
Subjects:
Online Access:http://ven.ztu.edu.ua/article/view/50185
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author S.V. Shastun
author_facet S.V. Shastun
author_sort S.V. Shastun
collection DOAJ
description To comply with claims of a modern economy significantly increases the role of strategic revenue management in enterprises, and in the first place, strategic management of income generation. The concept of an income generation strategy is not disclosed in the scientific literature, in this connection in article describes and analyzes the main concepts which are similar in content to the category of income generation strategy of enterprises (strategy analysis of income, revenue strategy, development strategy of income). Defines the role and importance of income generation strategy in modern management practices and presented the author's definition of income generation strategy. In article considered income generation strategy a compared to financial strategy of the enterprise and proved the difference between them. Show the position of income generation strategy in the hierarchy of strategies of enterprises and spheres of influence at all levels of the company. Income generation strategy described as interlevel, components of which are elements of all the functional and resource strategies and established a direct and feedback between the income generation strategy and corporate, competitive, functional and resource strategy.
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spelling doaj.art-7c83defdfbf947e4ba4a76a019d4a32a2022-12-21T23:45:15ZengZhytomyr State Technological UniversityVìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki1728-42361728-42362015-03-01171159164Income generation strategy in the overall hierarchy of business strategyS.V. Shastun To comply with claims of a modern economy significantly increases the role of strategic revenue management in enterprises, and in the first place, strategic management of income generation. The concept of an income generation strategy is not disclosed in the scientific literature, in this connection in article describes and analyzes the main concepts which are similar in content to the category of income generation strategy of enterprises (strategy analysis of income, revenue strategy, development strategy of income). Defines the role and importance of income generation strategy in modern management practices and presented the author's definition of income generation strategy. In article considered income generation strategy a compared to financial strategy of the enterprise and proved the difference between them. Show the position of income generation strategy in the hierarchy of strategies of enterprises and spheres of influence at all levels of the company. Income generation strategy described as interlevel, components of which are elements of all the functional and resource strategies and established a direct and feedback between the income generation strategy and corporate, competitive, functional and resource strategy.http://ven.ztu.edu.ua/article/view/50185incomeformation of incomesstrategymanagementfinancial strategycompetitive strategyfunctional strategycorporate strategy
spellingShingle S.V. Shastun
Income generation strategy in the overall hierarchy of business strategy
Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki
income
formation of incomes
strategy
management
financial strategy
competitive strategy
functional strategy
corporate strategy
title Income generation strategy in the overall hierarchy of business strategy
title_full Income generation strategy in the overall hierarchy of business strategy
title_fullStr Income generation strategy in the overall hierarchy of business strategy
title_full_unstemmed Income generation strategy in the overall hierarchy of business strategy
title_short Income generation strategy in the overall hierarchy of business strategy
title_sort income generation strategy in the overall hierarchy of business strategy
topic income
formation of incomes
strategy
management
financial strategy
competitive strategy
functional strategy
corporate strategy
url http://ven.ztu.edu.ua/article/view/50185
work_keys_str_mv AT svshastun incomegenerationstrategyintheoverallhierarchyofbusinessstrategy