Abstract:

Competitiveness is the most important indicator of the functioning of any economic entity, since it is based on a set of parameters. In particular, by calculating this indicator, it is possible to understand narrow and problematic areas of activity of commercial and state-owned enterprises that adversely affect their positive financial results. Further modification of strategy and tactics, internal organization, technological equipment, and the number of goods produced, product mix and other aspects of the application of knowledge regarding current advantages and challenges to competitors in the market, will be implemented with greater efficiency, lower resource costs.

Keywords: competitiveness, analysis of competitiveness indicators, technological equipment, oil reserves, raw materials