ECONOMIC POTENTIAL OF THE COMPANY AND THE MODERN MARKET

Authors

  • Olga Gonchar
  • Andrei Bytyi
  • Mykhailo Gonchar

Keywords:

management system, potential, enterprise potential, elements potential, risk, uncertainty, development

Abstract

Attention is paid to the peculiarities of the current stage of forming a potential of the enterprise. The business development occurs in the context of globalization of economic processes, the expansion of international connections, growth of importance of innovation in creating competitive advantages. This increases the uncertainty of economics, evaluation of market position and growth risks. The adaptive management of potential businesses approach, business activity management and justification of specific management decisions need to take account of these features. On  the  other  hand,  business  activity  depends  on  the  efficient  use  of  material,  labor  and  financial  resources  of  the  organization and their balance. To achieve  success in business, it is necessary to identify the elements of the enterprise potential, explore their  relationships of cause and dependence. It is concluded that the construction of hierarchical structure of the enterprise potential model is possible provided the availability of certain functional relationships between components.

Author Biographies

Olga Gonchar

Prof. Dr., Professor, Professor of Khmelnitsky National University,  Khmelnitsky, Ukraine

Andrei Bytyi

Teacher of Khmelnitsky National University, Khmelnitsky, Ukraine

Mykhailo Gonchar

Graduate student of Khmelnitsky National University, Khmelnitsky, Ukraine

References

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Gonchar, O. I. Scientific and methodical bases of perfection enterprise capacity assessment / O. I. Gonchar // Науковий вісник Полісся. – 2017. - No1 (9), ч. 2.– С. 134-139.

Басовская Е. Н. Экономическая оценка инвестиций / Е. Н. Басовская, Л. Е. Басовский. – М.: Инфра-М, 2007. – 241 с.

4. Кливец П. Г. Слагаемые эффективности: из опыта промышленного предприятия / П. Г. Кливец. – М.: Экономика, 2002. –92 с

Published

2017-12-31

How to Cite

Gonchar, O. ., Bytyi, A. ., & Gonchar, M. . (2017). ECONOMIC POTENTIAL OF THE COMPANY AND THE MODERN MARKET. Business and Legislation, 10(4), 35–37. Retrieved from https://ojs.b-k.ge/index.php/bk/article/view/25