Abstract

The article is devoted to the deepening of the theoretical foundations of the modernization of the production activity of enterprises in conditions of uncertainty and the development of practical recommendations on the use of the situation of instability for the development of furniture production enterprises. During the research, the methods of comparative analysis, classification, tabular and graphic methods, forecasting methods were used. Scientific and educational literature, electronic sources, and data from the ClarityProject analytical platform served as the research information base. The work reveals the essence of uncertainty as the main factor in the lack of information. It was established that uncertainty is a set of factors that synergistically create conditions in which it is impossible to accurately predict the development of actions and likely consequences for enterprises. However, it is the uncertainty that can serve as a springboard for companies to obtain positive effects. In particular, management decisions regarding production modernization can help them maintain competitiveness and prevent bankruptcy under conditions of uncertainty. The theoretical aspects of the concept of "modernization" were also deepened. Definitions of various authors regarding modernization are systematized and a general approach to production modernization is defined. The positive impact of uncertainty on the activity of industrial enterprises in the furniture industry has been established. Approbation of the conducted theoretical studies in the field of modernization of production in conditions of external uncertainty was carried out at the domestic enterprise of the furniture industry. The uniqueness of the business idea is associated with the absence of similar projects, which can become an undeniable advantage in the furniture market. The development of a developed type of product can be useful in the post-war period, as the proposed product becomes more and more desirable among consumers. The calculations of planned indicators of economic efficiency for the project proved its feasibility and positive impact on the further development of the company in conditions of external uncertainty.

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