<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>High flexibility is a necessary criterion for an agricultural business to survive in an uncertain environment characterized by chaotic dynamics and an increasing pace of innovation as well as by various weather and market risks. The purpose of this research is to assess and benchmark the flexibility level of differently sized agricultural enterprises. Such research methods as standardization and integrated evaluation (to define the partial and integrated flexibility coefficients), correlation and regression analysis (to assess the interrelation between the farm size and flexibility) as well as techniques of mathematical statistics (to benchmark the flexibility level of agricultural companies varying in size) have been used in this study. It has revealed that the bigger the enterprise is, the more strategic flexibility it has. However, its structural flexibility and the value of the integrated flexibility coefficient are independent of the company size. Smaller agricultural enterprises are less strategically flexible compared to their larger counterparts due to limited resources.</p>
</abstract>

High flexibility is a necessary criterion for an agricultural business to survive in an uncertain environment characterized by chaotic dynamics and an increasing pace of innovation as well as by various weather and market risks. The purpose of this research is to assess and benchmark the flexibility level of differently sized agricultural enterprises. Such research methods as standardization and integrated evaluation (to define the partial and integrated flexibility coefficients), correlation and regression analysis (to assess the interrelation between the farm size and flexibility) as well as techniques of mathematical statistics (to benchmark the flexibility level of agricultural companies varying in size) have been used in this study. It has revealed that the bigger the enterprise is, the more strategic flexibility it has. However, its structural flexibility and the value of the integrated flexibility coefficient are independent of the company size. Smaller agricultural enterprises are less strategically flexible compared to their larger counterparts due to limited resources.

Assessment of the Relationship Between Farm Size and Flexibility: The Case of Ukraine

ScD, Rector, Polissia National University

ScD, Professor, Polissia National University

PhD, Associate Professor, Polissia National University

Management Theory and Studies for Rural Business and Infrastructure Development

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

High flexibility is a necessary criterion for an agricultural business to survive in an uncertain environment characterized by chaotic dynamics and an...

Assessment of the Relationship Between Farm Size and Flexibility: The Case of Ukraine

Data publikacji: 12 maj 2021

Zakres stron: 21 - 37

Otrzymano: 02 paź 2020

Przyjęty: 04 lis 2020

DOI: https://doi.org/10.15544/mts.2021.03

Słowa kluczowe
agricultural enterprise, flexibility assessment methodology, flexibility, operational flexibility, structural flexibility, strategic flexibility

© 2021 Oleg Skydan et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Assessment of the Relationship Between Farm Size and Flexibility: The Case of Ukraine

Data publikacji: 12 maj 2021

Zakres stron: 21 - 37

Otrzymano: 02 paź 2020

Przyjęty: 04 lis 2020

DOI: https://doi.org/10.15544/mts.2021.03

Słowa kluczoweagricultural enterprise, flexibility assessment methodology, flexibility, operational flexibility, structural flexibility, strategic flexibility

© 2021 Oleg Skydan et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Słowa kluczowe
agricultural enterprise, flexibility assessment methodology, flexibility, operational flexibility, structural flexibility, strategic flexibility