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FINANCIAL SAFETY OF ENGINEERING ENTERPRISES AS A TREND OF STRATEGIC MANAGEMENT

Journal: Academic Bulletin "Economics and Region" (Vol.6, No. 49)

Publication Date:

Authors : ;

Page : 130-136

Keywords : financial safety; strategy; management; strategy of management; engineering enterprise.;

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Abstract

The article is devoted to studying the theoretical aspects of forming the strategy of financial safety management at the engineering enterprises, aimed at the adequacy of administrative measures to the internal and external changes of the economic environment and keeping steadfast stances in the target markets. Essence of the concepts ?financial safety?, ?strategy?, ?management strategy? is specified, the multi-aspect and multidimensional nature of these definitions is demonstrated. On this basis, the necessity of forming the strategy of the enterprise’s financial safety management is grounded, which will facilitate making the efficient administrative decisions in the financial sphere of the enterprise activity and create the basis for the engineering enterprises development in the conditions of unstable and changeable environment in the long-term prospect.

Last modified: 2016-08-18 16:53:42