Abstract
The article substantiates the theoretical basis of the formation of the economic potential of processing enterprises of the agri-food sector, including the clarification of the “economic potential of processing enterprises of the agri-food sector” concept as a set of maximum capabilities of enterprises, due to their available resources for the efficient production of products, goods, works, services in order to meet the market needs taking into account the internal and external environment factors. Unlike the existing ones, this definition includes not only capabilities and resources, but also a specific result, which requires a systematic approach to its assessment. The scientific novelty of theoretical developments lies in a systematic approach to the analysis of the formation of the economic potential of processing enterprises of the agro-industrial complex from the perspective of “resources, maximum capabilities, result, assessment”.
Highlights
At the present stage, the rational use of the economic potential of business entities in various branches of the economy, including the processing industry companies, is the basis for ensuring sustainable social and economic development of the Republic of Belarus
The economic potential of processing enterprises in the agri-food sector is a complex, dynamic and multi-level denomination and it is studied as a set of maxi-mum capabilities of enterprises, due to available resources for the efficient pro-duction of products, goods, works, services in order to meet the market needs taking into account the internal and external environment factors
Based on the conducted study of literary sources, it can be stated that the “economic potential of organizations” is a complex, dynamic and multi-level denomination that takes into account the resources, goals and outcomes of the development of organizations
Summary
The rational use of the economic potential of business entities in various branches of the economy, including the processing industry companies, is the basis for ensuring sustainable social and economic development of the Republic of Belarus. The main areas of the structural change of the manufacturing industry production should be developed based on external demand for domestic products and the domestic market needs, taking into account the possibilities of providing the necessary raw materials with a decrease in their imports, assessing production performance indicators and expanding the industry’s contribution to solving social and economic problems/challenges and accomplishment of the set objectives. Accomplishing these objectives and increasing production performance is directly related to the formation, use and development of the economic potential of processing industry companies
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