Abstract
ustainable partnerships help businesses survive, save jobs, and adapt to new challenges. The study aims to determine the role of partnership in ensuring the sustainable development of the enterprise in conditions of instability. In the context of implementing the tasks of comprehensive modernization of the economy, the relevance of preserving and evaluating the sustainable development of the enterprise has increased because different development strategies affect these indicators in different ways. In this regard, the main areas of partnership, their advantages and disadvantages, were analyzed, and the features of their influence on the sustainable development of the enterprise were determined. Attention is focused on considering successful examples of mechanisms for supporting partnerships between the state and the public, which contribute to the sustainable development of enterprises in Ukraine. It was determined that Ukrainian enterprises should build a management system based on the principles of sustainable development, as this management ensures financial stability, competitiveness, and effective operation on the market. It also contributes to the organization of production, which reduces emissions of harmful substances into the atmosphere, reduces the material intensity of products, improves working conditions, and raises the social level of the population. The stages of ensuring enterprises’ sustainable development in unstable conditions through partnerships are substantiated, and their content is disclosed. Today, an effective mechanism of sustainable development allows enterprises to adapt to changes in the external environment and constantly develop, fostering a sense of optimism and hope. The study shows that enterprises can thrive, not just survive, by seeking formats of profitable cooperation. The basis of sustainable development in the partnership format should be the balance of economic, social, and environmental components. Keywords: sustainable development of the enterprise, partnership, provision, conditions of instability, risks, social responsibility.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Ukrainian Journal of Applied Economics and Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.