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Identification of the "Economic Security of the Enterprise Strategic Changes" Notion

Author

Listed:
  • Otenko Irina Pavlovna

    (Kharkiv National University of Economics)

  • Iartym Irina A.

    (Kharkiv National University of Economics)

Abstract

An important requirement of ensuring economic security of activity of industrial enterprises is a justified selection of methods of its assessment and criteria of assessment of its level. The proposed methodical approach allows assessment of the level of economic security of enterprise development with the help of criteria of significance of factors and types of their changes. The formed scorecard takes into account specific features of activity of industrial enterprises of Ukraine and is built on the basis of data of financial and statistical reports, which allows avoidance of lack of co-ordination and inauthenticity of analytical data. The developed algorithm of assessment of the level of economic security of enterprise development allows unification and regulation of analytical activity of employees with the aim to conduct monitoring, assessment and making managerial decisions for ensuring a proper level of economic security of an enterprise. Results of assessment of economic security of an enterprise are a certain analytical information for justifying strategic plans of enterprise development and control over their realisation.

Suggested Citation

  • Otenko Irina Pavlovna & Iartym Irina A., 2013. "Identification of the "Economic Security of the Enterprise Strategic Changes" Notion," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 11, pages 255-261.
  • Handle: RePEc:idp:bizinf:y:2013:i:11:p:255_261
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