Features of management and factors of economic stability of an industrial enterprise in the region

E.A Husainova,L.R Urazbahtina,A.A Derbeneva,O.V Filina,E.A Dolonina,N.A Serkina,E.V Shamsutdinov,V.V Sergeev,Yu.V Vankov

doi:10.1051/e3sconf/201912405025

E.A Husainova, L.R Urazbahtina + Show 7 more

Open Access

https://doi.org/10.1051/e3sconf/201912405025

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Journal: E3S Web of Conferences	Publication Date: Jan 1, 2019
Citations: 3	License type: CC BY 4.0

Affiliation: Kazan State Energy University

Abstract

The article explores the peculiarities of economic stability of enterprises, gives a brief description of this concept. The economic sustainability of an individual enterprise is being updated for the economic sustainability and competitiveness of the meso-economic system. There is a need to differentiate the concepts of sustainability and balance. Factors of influence on economic stability of the enterprise are considered. The need to manage economic sustainability is argued.

Highlights

The emergence of the term "economic sustainability" is due to a study of resource constraints arising from the energy crises of the 1970s and further developed as a separate discipline studying the sustainability of economic development at the meso or macroeconomic levels
It should be noted that regional or country sustainable economic development cannot be achieved without the development of economic sustainability at the micro level, which preserves the potential of the economic system and ensures competitiveness in international markets [1, 2, 3]
Exogenous factors of economic stability of an industrial enterprise determine inflation, depreciation of working capital, terms of settlements with suppliers, dynamics of turnover of funds, imperfect tax system; And the negative impact of endogenous factors is due to low profitability, insufficient effective management of working capital, unjustified credit policy adopted by the enterprise, etc.[12]

Summary

Introduction

With the development of market relations, as well as the increasing impact of exogenous and endogenous factors and increasing competition, the problem of ensuring the economic sustainability of industrial enterprises is being updated.The emergence of the term "economic sustainability" is due to a study of resource constraints arising from the energy crises of the 1970s and further developed as a separate discipline studying the sustainability of economic development at the meso or macroeconomic levels.it should be noted that regional or country sustainable economic development cannot be achieved without the development of economic sustainability at the micro level, which preserves the potential of the economic system and ensures competitiveness in international markets [1, 2, 3].The development of forms and methods of managing economic stability at the micro level is updated in accordance with the growing importance of the sustainability of enterprises in social and economic development, which is due, on the one hand, to the improvement of the quality and standard of living of the population through the provision of jobs, the production of goods and services, the production of fuel, heat and electricity, etc., and, on the other hand, to the formation and filling of municipal and regional budgets.There are many definitions of enterprise sustainability. With the development of market relations, as well as the increasing impact of exogenous and endogenous factors and increasing competition, the problem of ensuring the economic sustainability of industrial enterprises is being updated.

Results

Conclusion