ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

RESOURCE SAVINGS AS A FACTOR OF ECONOMIC DEVELOPMENT OF ENTERPRISES

Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 25)

Publication Date:

Authors : ; ; ;

Page : 34-41

Keywords : resource saving; resource conservation; enterprise; economic development; resource; factor;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

Ensuring an appropriate level of economic efficiency of enterprises activity in conditions of competition requires from these enterprises to search and implement economic development reserves. The reducing the cost of certain types of re‑ sources consumed by enterprises is one of these reserves. At present, many Ukrainian enterprises do not fully use the resource-saving potential to achieve their economic growth. As a result, many domestic products are not competitive not only on the world but also on internal sales markets. In this regard, the purpose of this paper is to assess the impact of resource saving on the economic development of enterprises. In the article the essence of resource conservation in the enterprise is identified. It is proved that resource saving involves the implementation of diverse measures by their content, scale and other features, among which the implementation of resource-­saving technologies at the enterprises has central place. In this case, resource conser‑ vation is the result of the implementation of a program of organizational, technical and social measures aimed at reducing the costs of certain enterprise resources and (or) the costs associated with the acquisition, maintenance and use of these resources. Taking into account the existence of the significant number of ways to save resources, a grouping of resource saving mea‑ sures and actions at the enterprises is realized in the work among other things. The main factors that encourage enterprises to implement measures for resource saving are outlined in the paper. In particular, the authors paid particular attentions to analyzing the factors of resources prices growth. The mechanism of resource saving influence on increase of financial results of the enterprise is described. It is studied out that such influence can be both direct (due to cost reduction of production) and indirect (due to increase of competitiveness of products). The features of resource saving economic development of enterprises are investigated, when financial results of their activity increase with simultaneous reduction of consumption of certain types of production resources.

Last modified: 2021-03-18 18:48:54