182
A
MERICAN Journal of Public Diplomacy and International Studies
www.
grnjournal.us
maximum results for increasing business efficiency, and to create a competition matrix that shows
the relationship between the level of competition in the market and the competitive advantage of the
firm.
The quadrants of this matrix represent four competitive strategies:
- cost-saving leadership strategy - implies reduction of general costs for material resources,
production and sale of goods and services;
- strategy of alternative costs - minimizes costs to the optimal level, which allows to obtain
the maximum volume of production of quality goods and services for profitable market segments;
- differentiation strategy - determines the main goal of production of unique goods based
on consumer demand;
- focused differentiation strategy - aimed at providing
consumers with goods and
services that best suit their tastes and requirements.
Analysis and results.
The conducted studies have shown that in the current environment, the
competition for buyers among trade enterprises is increasing, as a result of which the competition for
leadership in the market is gaining maximum speed. As a result of increased trade concentration,
retail
prices are set, and the profitability of trade activities is decreasing. In such conditions, the
market is experiencing saturation due to the presence of segmentation.
At the same time, the
importance of competitive strategies is increasing, favorable conditions
are being created for the
development of new trade formats. Increased concentration will lead to increased funding for
businesses to explore changing consumer needs, as retailers begin to compete for consumer loyalty.
Intensification of competition reduces the profitability
of sales processes, under such conditions,
enterprises are forced to optimize the assortment and increase logistics efficiency.
Today, multi-format (directional) trade is rapidly developing in our country in the conditions
of the digital economy, where each format is characterized by a customer-oriented approach and is
aimed at fully meeting the needs of the population, regardless of income, age and a number of other
indicators. In accordance with the Decree of the President of the Republic of Uzbekistan No. PF-60
of 28.01.2022, tasks for rapid development of the national economy and ensuring high growth rates
in the Development Strategy of New Uzbekistan for 2022-2026, which
consists of seven priority
directions, developed on the basis of the principle "From the strategy of actions to the strategy of
development" marked. In particular, by ensuring stable high growth rates in the economic sectors, in
the next
five years, to increase the gross domestic product per capita - 1.6 times, and by 2030, to
increase the per capita income from 4 thousand US dollars, and to join the ranks of "countries with
an income above the average". It is aimed to create a foundation,
and for this purpose, to ensure
macroeconomic stability and gradually reduce the annual inflation rate to 5% in 2023. Also, through
the development of services and service sectors in the regions, to increase the volume of services by
3 times in the next 5 years and to create a total of 3.5 million new jobs in this direction, to develop
paid plumbing for the development of household and communal services that are highly needed by
the population in the centers of cities and districts, development of service points such as electricity,
repair of household appliances, catering, 130 modern markets and shopping complexes, as well as 65
large and 5000 small service facilities for the development of roadside infrastructure, in the field of
service in order to reduce the share of the hidden economy by 3 times, to increase the attractiveness
of the service sector, it is planned to provide additional benefits to business entities in the sector, and
it is envisaged to develop the network and distance trade through the trade development strategy, as
well as to expand the supply chain. In accordance with
the trade development strategy, fairs,
agricultural and wholesale food markets are supported by the state, which allows local producers to
diversify their supply and obtain cheap distribution channels.