A Mechanism for Control of the Economic Sustainability of Industrial Enterprise
Journal Title: Бізнес Інформ - Year 2015, Vol 11, Issue 0
Abstract
The article is aimed at developing a mechanism for control of the economic sustainability of industrial enterprise. For each particular integrated indicator of the economic sustainability, systems of continuous evaluation have been developed and structured in the form of the corresponding graph charts, which demonstrate that the goal of achieving the economic sustainability as an objective for the related goal-setting can be reduced to the decomposition of each indicator until the indivisible level. To determine the likelihood of occurrence of economic insecurity for an industrial enterprise, provided that one of the indicators of economic sustainability has gone beyond the limits of defined indicators, the Bayes' theorem is used. Next, by means of the algorithm to ensure the economic sustainability of industrial enterprise, corrective influences are carried out that will provide the necessary level of liquidity and profitability of industrial enterprise. Thus, use of this mechanism makes possible to calculate the likelihood that industrial enterprise will be economically unsustainable, provided that the value of a particular integrated indicator of economic sustainability will be unsatisfactory.
Authors and Affiliations
Olesia Skryl
Keywords
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