Application of Coordinated Management Model Jointly with Economic Agents
https://doi.org/10.47703/ejebs.v4i66.220
Abstract
In the modern conception of economic thought, competition is one of the basic conditions for the functioning of a market economy. Nevertheless, in today's unstable market environment, competition is not effective. In this context, we believe that cooperation is a factor in ensuring the stability of the economic system. In this context, cooperation is a factor in ensuring the stability of the economic system. In this connection, the article considers the role of competition in development of society and necessity of its transition to a new paradigm of doing business in the rapidly changing conditions of external environment. A mathematical model of coordinated management has been used in order to determine the possible benefits of cooperation between partners in the markets for goods and services. The results of model research are presented from the standpoint of active system theory, and the model was obtained with the condition of perfect matching, corresponding with manufacturers’ cooperation. The goal of the research is the study of competitive model of national economy functioning and the identification of promising trends in business activity of economic subjects on the basis of the model of cooperation. The aim of the study is to examine competition and cooperation as driving force in the development of economic actors and to substantiate the role of each at different stages of their functioning. In this respect, the paper identifies the following objectives: to examine the role of competition in the development of business environment in the transition to a new paradigm of doing business; to identify the relevance of competition and co-operation at different stages of the development of the external environment in a rapidly changing environment; to determine the possible benefits of cooperation between partners in goods and services markets using a mathematical model of coordinated management. As a result of solving the above objectives on the basis of the theory of active systems, a model with a perfect matching condition, which corresponds to the cooperation of producers, has been obtained. A proof base has been obtained that by using the potential of cooperation, economic subjects’ function under conditions of maximum profit.
About the Authors
Gulmira Mukhanova
Satbayev University, Almaty
Kazakhstan
Kazakhstan
Candidate of Technical Sciences, Associate Professor, Email: g.mukhanova@satbayev.university
Zhazira Tymbayeva
Satbayev University, Almaty
Kazakhstan
Kazakhstan
Candidate of Economic Sciences, Associate Professor, Email: zh.tymbayeva@satbayev.university
Aygerym Kazhmuratova
Al-Farabi Kazakh National University, Almaty
Russian Federation
Russian Federation
Candidate of Economic Sciences, Senior Lecturer, Email: aigerim_k71@mail.ru,
Dinara Satybaldiyeva
Satbayev University, Almaty
Kazakhstan
Kazakhstan
PhD, Associate Professor, Email: d.satybaldiyeva@satbayev.university
Alfonz Antoni
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Review
For citations:
Mukhanova G., Tymbayeva Zh., Kazhmuratova A., Satybaldiyeva D., Antoni A. Application of Coordinated Management Model Jointly with Economic Agents. Eurasian Journal of Economic and Business Studies. 2022;66(4):131-144. https://doi.org/10.47703/ejebs.v4i66.220
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