scholarly journals Knowledge in the model of dynamics and stability of an industrial enterprise

2021 ◽  
Vol 112 ◽  
pp. 00034
Author(s):  
Sergey Chuprov
Keyword(s):  
Financial Stability ◽  
Statistical Physics ◽  
Business Environment ◽  
Industrial Enterprise ◽  
Stable Operation ◽  
Industrial Enterprises ◽  
Control Information ◽  
Level Of Knowledge ◽  
The Stability ◽  
Properties Of Information

The formation and development of the knowledge economy logically lead to the need for an indepth study of the nature and properties of information in economic systems. The priority value of the information resource and knowledge in the activities of industrial enterprises is determined both by the prospects for the development of science-intensive products and their competitiveness in the world and domestic markets, and by the desire to ensure the stable operation of the enterprise in a highly disturbed business environment. With the search and analysis of the dependences of the production, financial and economic processes taking place in them on the control information, the systemic interaction of the enterprise resources and the dynamics of key indicators of the activity of industrial enterprises are revealed.From the standpoint of thermodynamics, statistical physics and cybernetics, it is proposed to spread the information concept of V. Trapeznikov to substantiate and modelling the dependence of a number of economic and financial indicators on the amount of accumulated information in the controlled complex of an industrial enterprise.Modeling and interpretation of the relationship between the volume of control information with the uncertainty of the functioning of an industrial enterprise and the achieved level of knowledge about it is carried out. The condition for the stability of the indicator of the effect of activity and the financial stability of the enterprise (autonomy ratio) is formulated. The mathematical condition for the range of changes in the level of knowledge of industrial enterprises has been substantiated.

scholarly journals Improvement of Financial Standing of Enterprise by Means of Sourcing Maneuver Model Application

2018 ◽  
pp. 29-33
Keyword(s):  
Financial Stability ◽  
Raw Materials ◽  
Scientific Work ◽  
Industrial Enterprise ◽  
Distribution Model ◽  
Enterprise Management ◽  
Business Climate ◽  
Industrial Enterprises ◽  
Managerial Decisions ◽  
Use Of Resources

The most important characteristic of the economic activity of an industrial enterprise is the level of its financial standing. The higher this level, the more attractive is the company for shareholders, banks, service, raw materials and components buyers and suppliers, the more competitive its products are. In recent years, we have seen an unfavorable business climate both in Russia and around the world, which, on the one hand, forces some companies to cut costs or completely withdraw from the market, and on the other, it fosters companies’ attention to creative function, and not only in relation to the products being created, but also to the enterprise management model, the distribution and use of resources. In this connection, the possibility of using sourcing’s technologies in the issue of improving the financial stability of an industrial enterprise through the restructuring of its distribution model and the use of resources is of interest. To achieve this goal, we have used the sourcing’s maneuver model "higher utilization of production areas by providing outsourcing services". The development of proposals for improving the financial standing of the enterprise was carried out through the application of the "direct-hosting" system. In the present work, the authors developed proposals for improving the financial standing of an industrial enterprise through the application of the sourcing’s maneuver model. The results of this work can be useful for further scientific research in the field of economy of sourcing and development of the "direct-hosting" system. They can also be useful for managers of financial and economic units of large industrial enterprises. The developed proposals for improving the financial standing of an industrial enterprise through sorsing maneuver suggest the prospect of further scientific work in the field of forming methodological approaches for making managerial decisions.

scholarly journals FINANCIAL RISK MANAGEMENT OF AN INDUSTRIAL ENTERPRISE

2020 ◽  
pp. 97-103
Author(s):  
T. Vasilyeva ◽  
N. Antoniuk
Keyword(s):  
Risk Management ◽  
Financial Stability ◽  
Web Application ◽  
Financial Risk ◽  
Industrial Enterprise ◽  
Financial Risks ◽  
Financial Risk Management ◽  
Industrial Enterprises ◽  
Methodical Approach ◽  
Constituent Elements

The article is devoted to the issue of financial risk management of industrial enterprises, which is relevant in the modern realities of the Ukrainian economy. The Google Trends web application analyzes the popularity of search queries in business and industry for phrases such as "financial risk" and "financial risk management" in Ukraine and in the world as a whole over the past 12 months. Based on official statistics, the analysis of the dynamics of the main financial indicators of industrial enterprises of Sumy region for 5 years, namely financial results before tax, financial results from operating activities and operating profitability. Based on the coefficient of variation, the level of financial risk that accompanies the activities of industrial enterprises of Sumy region is determined. The essence of financial risks of an industrial enterprise is revealed and its constituent elements are presented. The main existing approaches to the quantitative assessment of financial risks are presented, which are mainly based on probabilistic assessment. A methodical approach to financial risk management of industrial enterprises is proposed, which provides for constant monitoring of deviations of the integrated indicator, calculated on the basis of financial statements of the enterprise and includes indicators of liquidity, financial stability, profitability, cash flow from financial activities. At the same time, the company is recommended to set clear boundaries of possible deviations of the integrated financial indicator. Emphasis is also placed on the need to form and implement an integrated financial risk management system at industrial enterprises of Ukraine in the modern economic realities of Ukraine. A clear system of financial risk management will allow industrial enterprises to respond in a timely manner to potential threats, neutralize financial risks and avoid possible losses.

scholarly journals Assessing the Operation Security of Trade Enterprises in the Modern Business Environment

2020 ◽  
Vol 12 (515) ◽  
pp. 454-460
Author(s):  
M. M. Mukhina ◽  
Keyword(s):  
Financial Stability ◽  
Business Environment ◽  
Stable Operation ◽  
Situational Analysis ◽  
Wear Coefficient ◽  
Diverse Range ◽  
Fixed Assets ◽  
The Matrix ◽  
Modern Business ◽  
Development Area

The article explores the features of assessing the operation security of trade enterprises in the modern business environment. It is proved that the combination of different methods of situational analysis, e. g. SWOT and PEST methods, allows expanding the external and internal factors under research, which can be taken into account within a diverse range of possible management recommendations. Monitoring of key factors of SWOT analysis allows to develop efficient anti-crisis management strategies that ensure the constant readiness of enterprises to the onset of a crisis, and to adjust them in accordance with changes in the external and internal environment. An improved approach to monitoring the internal and external environment of enterprises based on the integrated use of both SWOT and PEST analysis techniques allows timely detection of crisis situations with adjustment of development strategies. It is proved that precisely the innovative factor is dominant in shaping the trajectory of economic development of trade enterprises. This determines the possibility of moving to a qualitatively new level of development, which, in turn, requires conscious and purposeful management of financial security at the enterprise. The matrix of financial stability of the trade enterprises’ activities is constructed. Four areas of the matrix are distinguished: stable operation area; active development area; sustainable development area; unstable operation area. It is recommended to take into account in the areas of the matrix the wear coefficient of fixed assets, due to the eventual situation when the wear coefficient of fixed assets should be reduced to increase stability. This is suggested to be displayed using a vector directed towards the beginning of the coordinates.

scholarly journals Improvement of classification of communication business processes of industrial enterprises

2020 ◽  
pp. 22-25
Author(s):  
Kostiantyn ZAVRAZHNYI
Keyword(s):  
Business Processes ◽  
Active Phase ◽  
Business Environment ◽  
Industrial Enterprise ◽  
Communication Policy ◽  
Industrial Enterprises ◽  
Classification Feature ◽  
New Business ◽  
Business Entities

Introduction. In the conditions of globalization of the world markets and development of the information economy, when digitalization enters an active phase of development, domestic industrial enterprises face systemic challenges that require them to introduce new forms and methods of management, modern (digital) technologies, including in communication activities. The purpose of the paper is to improve the classification of communication business processes of industrial enterprises. Results. The research of approaches of domestic and foreign scientists to the systematization of business processes is conducted. The features by which scientists mostly classify business processes are highlighted. The necessity of improving the classification of communication business processes of industrial enterprises in the context of implementing digital business transformations is substantiated. It is proposed to distinguish a new classification feature "By Objects of Impact", which made it possible to detail the varieties of communication business processes, to specify their essence, to introduce new business processes and to model them in the context of digital business transformations. The business environment of an industrial enterprise, as it is generally accepted, is divided into external and internal environments. Objects of influence of industrial enterprise in the external environment, which are directly related to communication business processes, include: the public, buyers / consumers, competitors and market conditions. The objects of influence of industrial enterprise in the internal environment include: organizational structure of management, personnel, technology, production and finances. Conclusion The presented suggestions and recommendations for improving the classification of communication business processes of industrial enterprises allow to further formalize the process of their accounting and management. The results of the study can be used in the practical activities of business entities in improving / shaping their communication policy, and also form the basis for further methodological research.

scholarly journals Economic and mathematical modeling of industrial enterprise business model financial efficiency estimation

2020 ◽  
Vol 166 ◽  
pp. 13025
Author(s):  
Mykola Havrylenko ◽  
Vira Shiyko ◽  
Liliana Horal ◽  
Inesa Khvostina ◽  
Natalia Yashcheritsyna
Keyword(s):  
Financial Performance ◽  
Business Model ◽  
Financial Stability ◽  
Industrial Enterprise ◽  
Financial Efficiency ◽  
Industrial Enterprises ◽  
Financial Condition ◽  
Methods Of Calculation ◽  
Integral Measure ◽  
Efficiency Estimation

The article proposes two methods for evaluating the financial efficiency of a business model of industrial enterprises. In order to evaluate the financial efficiency of the business model of an industrial enterprise, a system of single indicators for assessing the financial condition of the enterprise by such components as financial stability, liquidity and solvency, business activity and profitability was formed. Fishburne’s rule weights the major components of an integral measure of an enterprise’s business model financial performance. In addition, an integral measure of the financial performance of the business model is modeled using the fuzzy set method and taxonomic analysis, which will help to evaluate the financial performance level of the business model more objectively. The comparative analysis of the obtained results by different methods of calculation of integral indicators is carried out.

scholarly journals Preventive anticrisis strategy for development of industrial enterprise

2019 ◽  
Vol 10 (5) ◽  
pp. 1405
Author(s):  
Hanna Tarasova ◽  
Sergey Zaharov ◽  
Mykhaylo Vereskun ◽  
Valeriia Kolosok
Keyword(s):  
Development Strategies ◽  
Industrial Enterprise ◽  
Main Question ◽  
Specific Time ◽  
Weak Signals ◽  
Industrial Enterprises ◽  
Methodical Approach ◽  
Abrupt Changes ◽  
Development Trajectory ◽  
The Stability

It is established that under anticipatory management of industrial enterprises it is expedient to prevent the development of anticrisis strategies for counteracting the most probable crises for an industrial enterprise. At the same time, the main question is to determine when it is necessary to intensify these preventive anticrisis development strategies. To solve this problem, a scientific and methodical approach has been developed to intensify anticrisis strategies for the development of an industrial enterprise on the basis of weak signals, based on the use of a model for estimating the proximity of an industrial enterprise to a crisis state, and which provides for the preventive adaptation of an industrial enterprise to abrupt changes in the environment or changes in the development trajectory enterprises. It makes possible to assess the stability of the trajectory of development of the industrial enterprise at a specific time, and, accordingly, to carry out anticipatory management of the development of the industrial enterprise. 

scholarly journals The Current State of Formation of Financial Strategy in the Management System of an Industrial Enterprise

2020 ◽  
pp. 122-130
Author(s):  
Е. Myronenko ◽  
◽  
S. Barkova ◽  
V. Yershakova ◽  
◽  
...  
Keyword(s):  
Financial Development ◽  
Financial Stability ◽  
Industrial Enterprise ◽  
Financial Strategy ◽  
Industrial Enterprises ◽  
Financial Condition ◽  
Current State ◽  
Development Analysis ◽  
Goals And Objectives ◽  
Financial Environment

The article considers the essence of financial strategy, defines its place in the strategic set of industrial enterprises. The characteristics of the financial strategy of the enterprise are substantiated and supplemented and the organizational model of its formation and realization is built. The goals and objectives of the financial strategy, the nature of management decisions aimed at ensuring financial stability, competitiveness and maximizing the value of the enterprise are described. The process of enterprise development at different stages is analyzed. The most important essential characteristics of the financial strategy of an industrial enterprise are determined. It is proved that in the course of diagnosing and assessing the strategic opportunities of financial development of the enterprise is carried out: analysis and assessment of the financial condition of the enterprise in order to identify the state of the enterprise and identify features of its development; analysis of factors of the internal financial environment to identify the direction of their action on the final results of the enterprise; comprehensive analysis and diagnosis of internal financial potential in order to establish its level to ensure the strategic opportunities for financial development of the enterprise.

scholarly journals THE BUSINESS ENVIRONMENT OF AN INDUSTRIAL ENTERPRISE AND THE PRINCIPLES OF ITS STUDY IN THE NEW ECONOMY

2021 ◽  
Vol 1 (24) ◽  
pp. 23-29
Author(s):  
E.D. Schetinina ◽  
◽  
E.S. Krasnoperova ◽  
Keyword(s):  
21St Century ◽  
New Economy ◽  
Practical Experience ◽  
Business Environment ◽  
Industrial Enterprise ◽  
Internal Environment ◽  
Industrial Enterprises ◽  
Economic Decisions ◽  
Methodological Approaches ◽  
Made In

The article presents the results of a study of the nature and content of such important categories economy, business environment, which determines the potential and efficiency of enterprises, regardless of ownership, size and product manufacturers profile. It is established that the existing approaches to the study of the business environment of enterprises instrumentally and informationally restrict managers in choosing their economic decisions, especially strategic ones. In this regard, the threepronged task was to identify fundamental changes in the methodology of analyzing the business environment, and therefore these principles themselves; to study and describe the multicomponent composition of business environment factors in the context of globalization and digitalization; to find new approaches to the study of the business environment. These methodological approaches should be taken into account as the development of the theory of economics, marketing management of the external and internal environment of the enterprise, as well as practical experience gained in this field in the 21st century. This is the attempt made in the article. The features of the business environment of industrial enterprises (DSPP), its specific differences from the environment of trade, financial and other organizations are identified, an expanded set of parameters for its assessment and identification attributes are proposed. The methodological conclusion that management should choose strategic directions of development depending on the level of these attribute parameters is justified.

scholarly journals JUSTIFICATION OF THE CHOICE OF THE STRATEGY OF FINANCIAL RECOVERY OF THE INDUSTRIAL ENTERPRISE

2021 ◽  
Author(s):  
Irina Fedorenko ◽  
Volodymyr Sysoiev ◽  
Svitlana Samokhina
Keyword(s):  
Crisis Management ◽  
Financial Stability ◽  
Good Governance ◽  
Main Tool ◽  
Scenario Planning ◽  
Theory And Practice ◽  
Industrial Enterprise ◽  
Industrial Enterprises ◽  
Financial Recovery ◽  
Authorized Capital

The article analyzes the criteria for choosing a strategy for financial recovery at certain stages of crisis management of an industrial enterprise. Theoretical issues of crisis management are considered and the main tool of its implementation is investigated - organizational and economic management mechanism (strategy), the development and implementation of which should positively affect the economic development of the enterprise through a quality approach to its production and financial potential. Drawing up and using the plan as an element of reorganization should ensure timely response to changes in the economy of the enterprise, analyze possible deviations from the plan and determine the target settings of the enterprise as a microeconomic system in the economy. It is determined that the use of rehabilitation measures of financial recovery may lead to re-profiling of production, reorganization of industrial enterprises, sale of inefficient shares and units in the authorized capital of other enterprises, optimization of staff, its number, increase of authorized capital. In the course of this study the stages of financial recovery of an industrial enterprise that have a direct impact on the achievement of strategic goals and financial stability of the enterprise are considered; it is proposed to introduce a business plan and the form of a reorganization plan by sections in the process of solving the set functional tasks of modeling assessment, forecasting, scenario planning and control of innovation processes. Based on the analysis of existing approaches to the financial recovery of industrial enterprises, it was found that there is a problem in the theory and practice of crisis management in the form of imperfect assessment of the feasibility of financial recovery. Thus, there is a need to improve the rehabilitation mechanism not only in terms of loss of solvency, but also to preserve and increase the potential of the enterprise. As good governance and strategic decisions can have a greater impact on the negative effects of crises, this determines the relevance and appropriateness of research.

scholarly journals INTERNAL CONTROL OF "BLIND SPOTS" OF ACCOUNTING AT INDUSTRIAL ENTERPRISE AS A FACTOR OF INCREASING THE STABILITY OF THE NATIONAL ECONOMY

10.23856/2912 ◽  
2018 ◽  
Vol 29 (4) ◽  
pp. 84-91
Author(s):  
Ruslan Dutchak ◽  
Mansur Mamanazarov
Keyword(s):  
Internal Control ◽  
National Economy ◽  
Industrial Enterprise ◽  
Practical Reasons ◽  
Material Resources ◽  
Industrial Enterprises ◽  
Managerial Decisions ◽  
Initial Observation ◽  
The Stability ◽  
Blind Spots

The essence of the problem of “blind spots” of accounting at industrial enterprises is investigated. The practical reasons for the appearance of “blind spots” of material resources accounting are revealed. The materiality threshold of such zones at industrial enterprises is established. The danger of the existence of “blind spots” in accounting and the need of internal control to combat them is explained. The methodology of internal control in the part of estimating and controlling the risk of false initial observation of economic operations with material resources has been improved. The process of internal control is supplemented by the procedure of elaboration of managerial decisions alternatives on such measures as saving surplus of material resources, expansion of primary accounting supervision, improvement of documentary processing of facts of economic operations with material resources, and compensation of deficit of material resources.

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