Management and modelling of the industrial enterprise’s crisis situations

Rayevnyeva, Olena; Brovko, Olha; Filip, Stanislav; Aksonova, Iryna; Derykhovska, Viktoriia

doi:10.21511/ppm.18(1).2020.17

Cited by 3 publications

(1 citation statement)

References 6 publications

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“…The article [19,20] is devoted to the development of a set of models to identify the eff ects of the crisis for crisis management of the enterprise.…”

Section: Introductionmentioning

confidence: 99%

Socio-economic development of enterprises in a permanent crisis

Naida¹,

Сітковська²,

Shevchenko³

et al. 2022

Nauk. visn. nat. hirn. univ.

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Purpose. To study the impact of the crisis on the socio-economic development (SED) of the enterprise and directions of work for the implementation of effective crisis management. To develop a systematic approach to the formation of SED strategy. Methodology. The research required the use of general and special methods of cognition: induction and deduction to substantiate the topic, the purpose of the study and to find unresolved aspects of the problem; content analysis for literature review; system analysis to establish the fact that the main approach to crisis management permanent is monitoring of the crisis; systematic approach to the formation of the SED-strategy of the enterprise as an instrument of ensuring effective crisis management of the enterprise; convergence from the abstract to the concrete to determine the objectives and directions of application of this strategy; induction and deduction to develop the principles of the complex structure of the SED and prove that SED conception is a result of integration of economic, social and ecological components. Findings. It has been established that the impact of the crisis is not permanent. The degree of impact depends on available resources, financial stability and management flexibility. The principles of the complex structure of SED have been developed. It is stated that the concept of SED is the result of the integration of economic, social and environmental components. The directions of realization of the SED of the enterprise on social and economic components have been formulated. The main approach of crisis management is determined permanent monitoring of indicators and signs of crisis, its relevant assessment and dynamic response to the effects of the crisis. It is established that the cumulative effect of increasing deviations of indicators from their constant level might be the main sign of the crisis. Originality. A systematic approach to the formation of the SED strategy of the enterprise as a tool to ensure effective crisis management has been developed. The main tasks of this strategy are defined. The directions of work of managers for realization of effective anti-crisis management were formulated. Practical value. Approaches to neutralizing the effects of the crisis and ensuring the SED of the enterprise have been developed.

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“…The article [19,20] is devoted to the development of a set of models to identify the eff ects of the crisis for crisis management of the enterprise.…”

Section: Introductionmentioning

confidence: 99%

Socio-economic development of enterprises in a permanent crisis

Naida¹,

Сітковська²,

Shevchenko³

et al. 2022

Nauk. visn. nat. hirn. univ.

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The Diagnostic Model for Assessing the State of Stability of an Industrial Enterprise

Rayevnyeva

Karpinski

Brovko

et al. 2021

Lecture Notes in Business Information Processing

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Influence of general government expenditure on the development of sports entrepreneurship: The case of some OECD countries

Nazarov,

Kalantarly,

Hajiyev

et al. 2023

Problems and Perspectives in Management

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The low level of the nation’s health and physical activity highlights the need to find additional mechanisms for the development of the sports sphere, one of which is to increase its financing. This paper aims to investigate how an increase in general government expenditure on recreation and sports affects sports entrepreneurship (turnover or gross premium written in the sports industry; value added at factor cost of sports enterprises; sports industry market size) and the share of the population involved in sports (as an indicator characterizing the development of sports). The study used the panel unit root test and fixed and random effects models. Modeling proved that the increase in general government expenditure on recreation and sports by 1% largely determines the increase in value added at factor cost of sports enterprises (by 5.48%). A significantly less effect is for turnover or gross premium written in the sports industry (by 0.85%), and the smallest is for the sports industry market size (by 0.4%). A 1% increase in general government expenditure on recreation and sport has the greatest impact in the Czech Republic (by 2.37%) and Slovakia (by 2.44%) and the least – in Australia (by 0.4%). The share of the population involved in sports is almost independent of general government expenditure on recreation and sports in all 10 OECD countries.

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Management and modelling of the industrial enterprise’s crisis situations

Cited by 3 publications

References 6 publications

Socio-economic development of enterprises in a permanent crisis

Socio-economic development of enterprises in a permanent crisis

The Diagnostic Model for Assessing the State of Stability of an Industrial Enterprise

Influence of general government expenditure on the development of sports entrepreneurship: The case of some OECD countries

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