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EFFECTIVE MANAGEMENT OF A COMPANY’S ECONOMIC SECURITY: 21ST CENTURY CHALLENGES

Journal: International Journal of Civil Engineering and Technology (IJCIET) (Vol.10, No. 2)

Publication Date:

Authors : ; ;

Page : 1810-1820

Keywords : economic security of an enterprise; geopolitics; threats; challenges; risks; entrepreneurial activity; Aeroflot airline;

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Abstract

This paper aims to identify some of the key challenges and issues inherent in ensuring a company's economic security in the conditions of today. In a climate of the globalization, informatization, and intellectualization of the present-day economy, and, as a consequence, rapid technological changes (e.g., the Internet of Things, big data, etc.), issues related to the economic security of enterprises and sectors within industry are becoming increasingly complex, with an increasingly greater number of external and internal factors being at play. The paper analyzes some of today's key geopolitical threats to businesses, including those associated with major political and economic changes (e.g., Brexit, changes in the US administration, etc.), technological innovation, social issues, etc. The authors explore a set of categories of economic security and summarize a set of issues related to the effective stewardship of a company's economic security through the example of the Russian airline Aeroflot.

Last modified: 2019-05-22 15:42:12