Business entity economic security strategies

Rozhenko, Aleksandra and Роженко, Олександра Вікторівна (2015) Business entity economic security strategies. Вісник економіки транспорту і промисловості (51). pp. 51-55. ISSN 2075-4892

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Abstract

The article studies the already existed approaches of business entity economic strategydevelopment.The study proved the strategies that were formed depending on the fundamental distinguishingof the “economic entity security” term. The methodological approach to form the entity’s security hasbeen approved. The essential part telling this approach apart from the other already existed ones isits ability to study both the state and developing trend of the target entity. A new conceptual approachis offered presenting the opportunity to form the strategy of economic security based on the great dealof different target aspects and parts of the entity’s economic security. To form the entity’s securitystrategy we have designed four basic strategy types: survival one, existence, the one of limiteddeveloping and the upswing one. Every previous step serves as a ground for the next one and obtainsits specific features. All the mentioned above makes the basic to provide entity’s economic security.

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