Enterprise Activity Modeling in Walnut Sector in Ukraine

Vitalii Lutsiak, Taras Hutsol, Nataliia Kovalenko, Dariusz Kwaśniewski, Zbigniew Kowalczyk, Svitlana Belei and Tatiana Marusei
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Vitalii Lutsiak: Department of Administrative Management and Foreign Economic Activity, National University of Life and Environmental Sciences of Ukraine, 03041 Kyiv, Ukraine
Taras Hutsol: Department of Mechanics and Agroecosystems Engineering, Polissia National University, 10008 Zhytomyr, Ukraine
Nataliia Kovalenko: Department of Administrative Management and Foreign Economic Activity, National University of Life and Environmental Sciences of Ukraine, 03041 Kyiv, Ukraine
Dariusz Kwaśniewski: Department of Production Organization, Logistics and Applied Computer Science, University of Agriculture in Krakow, 30239 Krakow, Poland
Zbigniew Kowalczyk: Department of Production Organization, Logistics and Applied Computer Science, University of Agriculture in Krakow, 30239 Krakow, Poland
Svitlana Belei: Department of Accounting and Taxation, Yuriy Fedkovych Chernivtsi National University, 58012 Chernivtsi, Ukraine
Tatiana Marusei: Department of Tourism and Hotel and Restaurant Business, Ivan Ogiyenko Kamyanets-Podilsky National University, 32301 Kamyanets-Podilsky, Ukraine

Sustainability, 2021, vol. 13, issue 23, 1-16

Abstract: The main goal of this study was to provide a critical analysis of the oil and fat sub-complex for deep walnut processing, to determine and compare the profitability of enterprises’ activities under different business models for implementation in the agro-food value chain. The latter was considered as an important factor for the development of the domestic market of walnuts and export opportunities. Business modeling of the enterprise activity in the oil and fat sub-complex for deep walnut processing was carried out. The stages of production and marketing activities of the enterprise from the garden planting or the purchase of the processed raw materials to the sale of the processed raw materials and products obtained from walnut processing depending on the chosen business model were considered. A comparative analysis of profitability of the enterprise activity and absolute values of income and profitability indicators under various business models of the enterprise activity were shown. The most cost-effective business-model entailed the combination of walnut production and its processing, which will provide profitability of up to 4640.32% in the 20th year of the project implementation. The results of the given study are intended for the agricultural enterprises of central region of Ukraine.

Keywords: business model; profitability; walnut production; walnut processing; comparative analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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