Sustainable development of agricultural enterprises: Economic component

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Abstract

The issues of the economic component of the sustainable development of enterprises (economic sustainability) belong to the category of one of the most frequently consecrated in various scientific researches and developments. This fact is explained by the complexity, a certain ambiguity of this category, starting with an understanding of its nature and ending with methods for managing it. Undoubtedly, economic sustainability is one of the key guidelines for evaluating and implementing management aimed at achieving the best mode of operation of an enterprise, especially within the framework of modern realities related to instability, problems in predicting the external environment, as well as the strongest interdependence of all without exception business entities. The most acute aspects regarding economic sustainability, which require elaboration, refinement, detailing, are: expanding ideas about the economic sustainability of the enterprise by moving to a two-criteria system for its consideration; the formation and implementation of a mechanism for managing economic sustainability; a comprehensive methodological approach to assessing and analyzing the economic sustainability of an enterprise, within the framework of which not only an assessment would be carried out, but also a further analysis of the state of the enterprise from the standpoint of economic stability according to the criteria, the principles of adjusting management activities to increase its level were determined.

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APA

Nekhoroshkov, V., & Aroshidze, A. (2019). Sustainable development of agricultural enterprises: Economic component. In IOP Conference Series: Earth and Environmental Science (Vol. 403). Institute of Physics Publishing. https://doi.org/10.1088/1755-1315/403/1/012228

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