DIGITALIZATION OF BUSINESS UNDER GLOBAL CHALLENGES

Abstract

The articlefocuses attention on prospects for the development of Ukraine’s economy taking into account the potential of social processes and business digitalization. We accentuated the global tendencies of economic relations digitalization, which create progressive forms and methods of business processes for small and medium enterprises. The article determined priorities of development for small and medium businesses of Ukraine under the conditions of the pandemic, world economic crisis, and digital transformation of eco­nomic relations.