Analysis of The Effectiveness of Product Diversification in The Activities of Construction Enterprises of Uzbekistan

Authors

  • Maraimova Kamola Shukhratovna UWED, Senior lecturer at the Department of “Systematic Analysis and Mathematical Modeling”

DOI:

https://doi.org/10.51699/economics.v38i1.363

Keywords:

Durable Stone, Durable JBI Company, diversification, vertical and horizontal diversification processes, comparative analysis, “Entropy” method

Abstract

The study examines the reforms implemented to diversify production practices in the country's industrial sector, using the example of local construction enterprises “Durable Stone” and “Durable JBI Company”. The diversification practices of production processes in these construction companies are analyzed by evaluating the levels of horizontal, vertical and geographical diversification in the enterprises under comparative analysis. The results are assessed using the international “Entropy” method 

References

President of the Republic of Uzbekistan, Decree on the Strategy for Further Development of the Republic of Uzbekistan (PF-4947), Feb. 7, 2017. [Online]. Available: https://www.lex.uz/acts/3107036

President of the Republic of Uzbekistan, Decree on Additional Measures to Improve the State Regulation of the Construction Sector (PF-5577), Nov. 14, 2018. [Online]. Available: https://lex.uz/docs/4060063

M. Ali, A. Tawfeq, and S. Dler, "Relationship between diversity management and human resource management: Their effects on employee innovation in organizations," Black Sea Journal of Management and Marketing, vol. 1, no. 2, pp. 36–44, 2020.

E. Aydın and E. Özeran, "Rethinking workforce diversity research through critical perspectives: Emerging patterns and research agenda," Business & Management Studies: An International Journal, vol. 6, no. 3, pp. 650–670, 2018.

R. A. Hopkins and H. D. Hopkins, "Firm diversity: Conceptualization and measurement," Academy of Management Review, vol. 7, pp. 620–629, 1982.

A. M. Aronov, Diversification of Production: Theory and Development Strategy, A. P. Petrov, Ed. St. Petersburg: Lenizdat, 2000.

T. E. Kononenko, "Methodological aspects of production diversification: Features of diversification in construction," Modern Trends in Science and Technology, no. 4-5, pp. 77–80, 2015.

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Published

2025-01-24

How to Cite

Kamola Shukhratovna, M. (2025). Analysis of The Effectiveness of Product Diversification in The Activities of Construction Enterprises of Uzbekistan. Academic Journal of Digital Economics and Stability, 38(1), 256–262. https://doi.org/10.51699/economics.v38i1.363

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