Essence and evolution of the concept «economic security of the enterprise»

Abstract

This article examines the evolutionary development of the concepts of “security”, “economic security” as components of the concept “economic security of the enterprise”. The types of internal and external threats to the enterprise are analyzed. It has been proven that the most effective use of all types of resources in order to prevent (neutralize, eliminate) threats ensures the stable functioning of the enterprise in the conditions of a market economy. The evolution and definition of the concept are considered, the components of economic security, risks and main goals of economic security of enterprises are derived. It was determined that the concept “economic security” allows to understand that modern enterprises, being in various situations, are forced to make risky decisions to prevent threats and dangers. The concept “economic security of the enterprise” is characterized. It was determined that the economic security of the enterprise is an extremely deep concept. In the most general form, it can be characterized as the absence of various dangers and threats, which, obviously, is hardly possible in the world. The concept of economic security of the enterprise is summarized and a more precise definition is given, which indicates that the economic security of the enterprise is a system that provides the possibility of preventing various threats and as a result of neutralizing these threats, it protects the economic interests of the enterprise and prevents losses above the critical limit. It was proved that the correct management of economic security at the enterprise allows to show that this enterprise, being in a situation of uncertainty, unpredictability, changes in both internal business conditions and external (political, macroeconomic, ecological, legal, etc.), makes risky decisions in the conditions of fierce competition, strives to prevent, weaken or protect against existing or projected dangers and threats, which ensures the achievement of business goals. At the same time, the company’s resources (land, capital, personnel potential, entrepreneurial abilities of managers, information, intellectual property, technology, etc.) are used not only to prevent dangers and threats, but primarily to achieve the main goals of the business. Keywords: security, economic security, economic security of the enterprise, threats, risks.