ECONOMIC MECHANISM TO INCREASE COMPETITIVENESS OF INDUSTRIAL ENTERPRISES

The article deals with the economic mechanism to improve industrial competitiveness. The author studied the stages of formation mechanism of management competitiveness and made suggestions to improve the economic mechanism for industrial competitiveness in terms of the modern theory of socio-economic systems. The paper is proposed to consider the economic management mechanism competitiveness of industrial enterprise as an open system to develop basic tools for improving competitiveness. The main tools include the development and use of methods of assessing the competitiveness of enterprises, strengthening sales through practical improvements to product characteristics, creating competitive advantage due to increased innovation processes. All of these tools are influenced by factors external and internal environment and requirements of stakeholders (the "input"), the predominant purpose of functioning, which is to determine the main directions of improving competitiveness (the "output").

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