CURRENT PRACTICE OF ASSESSING THE ECONOMIC SUSTAINABILITY OF THE ENTERPRISE: ADVANTAGES AND DISADVANTAGES

Keywords: economic stability, estimation, estimation methods, integral estimation

Abstract

The article analyzes the existing methods of assessing the economic stability of the enterprise. The methodical tools and procedures for assessing the economic stability of the enterprise have researched and substantiated, with the definition of advantages and disadvantages. The grouping of methods for assessing economic stability, which allowed to form certain conclusions about the characteristics of the existing tools, the content of criteria, the need for some systematization and acceptability. It is established that with the help of integrated assessment of economic stability it is possible to estimate not only its general level on the basis of use of the developed scale, but also to carry out an estimation of separate structural elements of stability of the enterprise. This technique has characterized by the use of existing methods of evaluating a certain set of indicators, there is a supplement and increase the possibilities of traditional analysis, as well as a comparison of the obtained indicators with different standards, standards, criteria. The obtained calculated results of integrated evaluation has been used in the process of evaluating the effectiveness of management decisions, their justification for further implementation at the required hierarchical levels of management. The obtained conclusions regarding the forms and content of indicators for assessing the economic stability of the enterprise allow us to state that in modern practice there is no single generally accepted method of assessment. Almost every researcher, whose research interests are to study methods of assessing economic stability, recommends the use of their own version of the formalization of the indicator, providing in justifying its content and possibilities of application in practice of certain arguments. The above considerations necessitate the development of a theoretical and methodological approach to assessing the economic stability of the enterprise (for example, telecommunications enterprises) in conditions of uncertainty based on comprehensive coverage of all major aspects of functioning in the modern market space.

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Published
2021-03-30
How to Cite
Birbirenko, S., & Zhadanova, Y. (2021). CURRENT PRACTICE OF ASSESSING THE ECONOMIC SUSTAINABILITY OF THE ENTERPRISE: ADVANTAGES AND DISADVANTAGES. Economy and Society, (25). https://doi.org/10.32782/2524-0072/2021-25-2
Section
ECONOMICS