ABOUT SOCIO-HISTORICAL ASPECTS OF INNOVATIVE RESEARCH OF FACTORS FOR DIVERSIFICATION
Journal: Asian Journal of Social Sciences and Humanities (Vol.5, No. 1)Publication Date: 2016-02-15
Authors : Elnur Latif Hasanov;
Page : 119-122
Keywords : market; structure; diversification; efficiency; potential of recourse; demand; supply; conjuncture;
Abstract
As in the other spheres of economy, integration to the world economic systems conditions the production of competitive goods in agrarian sector and makes necessary adopting the production process with market requirements. Due to the changes in market requirements, entities which produces the same or similar competitive goods for a long time starts to change their production structure. It makes necessary the substantiate of diversification process in various production parts, such as identification of appropriate production parts taking into account climate conditions and potential of recourses and building more economically productive structure.
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