FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS

The paper describes the peculiarities of the formation of business sustainability in the transport industry, and characterizes the main factors affecting it. It was determined that for the business sustainability of the transport industry, innovative processes and transformations play a significant...

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Main Author: Zarina POBEREZHNA
Format: Article
Language:English
Published: Silesian University of Technology 2024-09-01
Series:Scientific Journal of Silesian University of Technology. Series Transport
Subjects:
Online Access:https://sjsutst.polsl.pl/archives/2024/vol124/143_SJSUTST124_2024_Poberezhna.pdf
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author Zarina POBEREZHNA
author_facet Zarina POBEREZHNA
author_sort Zarina POBEREZHNA
collection DOAJ
description The paper describes the peculiarities of the formation of business sustainability in the transport industry, and characterizes the main factors affecting it. It was determined that for the business sustainability of the transport industry, innovative processes and transformations play a significant role, which encourage enterprises to be client-oriented and provide quality service to consumers, the ability to adapt to changes in the economic situation and new social challenges. A feature of the modern development of the transport industry is the transition to an innovative path of development, which will allow transport enterprises to occupy more priority positions compared to their competitors. The impact of innovative transformations on ensuring business sustainability of the transport industry is characterized by the use of innovations in the implementation of commercial activities, ensuring the quality of services (products), which will make it competitive. The paper offers a methodical approach to choosing a strategy for managing the business sustainability of the transport industry in the conditions of innovative transformations, which allows choosing an appropriate development strategy depending on the indicators of economic activity (IEA), the level of business sustainability (IBS), risk indicators (IBR).
format Article
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institution Kabale University
issn 0209-3324
2450-1549
language English
publishDate 2024-09-01
publisher Silesian University of Technology
record_format Article
series Scientific Journal of Silesian University of Technology. Series Transport
spelling doaj-art-636033dc086d4d4191f952e332d352e22025-02-02T23:11:15ZengSilesian University of TechnologyScientific Journal of Silesian University of Technology. Series Transport0209-33242450-15492024-09-0112414315610.20858/sjsutst.2024.124.10FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONSZarina POBEREZHNAThe paper describes the peculiarities of the formation of business sustainability in the transport industry, and characterizes the main factors affecting it. It was determined that for the business sustainability of the transport industry, innovative processes and transformations play a significant role, which encourage enterprises to be client-oriented and provide quality service to consumers, the ability to adapt to changes in the economic situation and new social challenges. A feature of the modern development of the transport industry is the transition to an innovative path of development, which will allow transport enterprises to occupy more priority positions compared to their competitors. The impact of innovative transformations on ensuring business sustainability of the transport industry is characterized by the use of innovations in the implementation of commercial activities, ensuring the quality of services (products), which will make it competitive. The paper offers a methodical approach to choosing a strategy for managing the business sustainability of the transport industry in the conditions of innovative transformations, which allows choosing an appropriate development strategy depending on the indicators of economic activity (IEA), the level of business sustainability (IBS), risk indicators (IBR).https://sjsutst.polsl.pl/archives/2024/vol124/143_SJSUTST124_2024_Poberezhna.pdfbusiness sustainabilitytransport industryinnovative transformationseconomic activity
spellingShingle Zarina POBEREZHNA
FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS
Scientific Journal of Silesian University of Technology. Series Transport
business sustainability
transport industry
innovative transformations
economic activity
title FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS
title_full FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS
title_fullStr FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS
title_full_unstemmed FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS
title_short FORMATION OF BUSINESS SUSTAINABILITY OF THE TRANSPORT INDUSTRY IN THE CONTEXT OF INNOVATIVE TRANSFORMATIONS
title_sort formation of business sustainability of the transport industry in the context of innovative transformations
topic business sustainability
transport industry
innovative transformations
economic activity
url https://sjsutst.polsl.pl/archives/2024/vol124/143_SJSUTST124_2024_Poberezhna.pdf
work_keys_str_mv AT zarinapoberezhna formationofbusinesssustainabilityofthetransportindustryinthecontextofinnovativetransformations