FORMATION OF THE METHODICAL APPROACH TO EVALUATION OF THE TRANSPORTATION COMPANIES ECONOMIC SECURITY

Journal Title: Схід - Year 2016, Vol 146, Issue 6

Abstract

Transportation companies which operate in risk conditions need the organization and management of the system of economic security. Ensuring adequate economic security in activities of transportation companies is one of the main management tasks because the efficiency of operation of the business depends on it. Development and implementation of a system of evaluation the level of economic security of the transportation companies, adequate to modern market conditions, enhances the efficiency of transportation companies. Based on analysis of the literature, there are a number of approaches to the assessment of the economic security on the enterprise, in particular, resource, task, complex and so on. Methodological approach to the evaluation of the economic security of the transportation companies on the sources of threats is proposed. The sources and causes of threats, risks and effects of realized risk indicators for the economic security of the transportation companies are identified according to the proposed methodological approach to the evaluation of the economic security. Assessment indicators may vary depending on the realized risk. A flexible system of indicators that includes absolute and relative figures are formed for making management decisions on the basis of the proposed evaluation of the economic security of the transportation companies indicators. Absolute figures are estimated in the dynamics and are analyzed on the structure. Relative figures are formed as the ratio of the corresponding absolute index to the value either volume of traffic, or the number of rolling stock, or the number of employees, or the cost of resources and so on. Threats significantly affect the level of economic security, create the need for efficient internal threats management, and mechanisms of adaptation to external threats in the system of economic safety of the transportation companies. This allows the transportation companies to ensure effective management decisions to minimize or avoid the impact of threats on the activities of transportation companies, and thus to achieve a high level of economic security.

Authors and Affiliations

Oksana Karpenko, Serhii Lebedko

Keywords

Related Articles

Development of the oil industry in the USA (Part I)

The article looks into the history of the oil and gas industry which has been dynamically developing today. Oil and natural gas as well as their processing products have a very long history of use by mankind though the h...

Review

Review of the monograph: Lyzun M. V. Global Challenges for Regional Currency Integration: Monograph. Ternopil: Economic Thought TNEU, 2017. 453 p.

HEIDEGGER STUDIES AND THE SHIFT OF PHILOSOPHICAL HISTORIOGRAPHY

The purpose of the study is to shed light on introduction of the concept of reception history to the philosophical historiography, taken within the framework of the current Heidegger studies in Ukraine and worldwide. The...

Social Technologies for Solving Humanitarian Problems: experience of Nigeria

The purpose of the paper is give substantiations of social technologies as means of curbing the problem. In particular, the role of the media as an instrument of attraction of Nigerian young people to participate in entr...

RECONSIDERING OF THE ETHICAL AND INFORMATIONAL DIMENSIONS OF SOCIAL LIFE WITHIN A PHILOSOPHIC ENQUIRY FOR INTELLECTUAL PROPERTY INSTITUTION

The article analyzes four areas of social life - the so-called "information power", public morality, public information and mass-media information. It's argued that they have become closely related in the information-dep...

Download PDF file
  • EP ID EP424861
  • DOI 10.21847/1728-9343.2016.6(146).91034
  • Views 216
  • Downloads 0

How To Cite

Oksana Karpenko, Serhii Lebedko (2016). FORMATION OF THE METHODICAL APPROACH TO EVALUATION OF THE TRANSPORTATION COMPANIES ECONOMIC SECURITY. Схід, 146(6), 20-26. https://europub.co.uk/articles/-A-424861