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Formation of a Conceptual Model of Management of Financial and Economic Security of Business Processes of Enterprise
Otenko I. P., Shkreben R. P., Harnam M. V.

Otenko, Iryna P., Shkreben, Roman P., and Harnam, Mykhailo V. (2020) “Formation of a Conceptual Model of Management of Financial and Economic Security of Business Processes of Enterprise.” Business Inform 12:423–429.
https://doi.org/10.32983/2222-4459-2020-12-423-429

Section: Management and Marketing

Article is written in Ukrainian
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UDC 330:65.014

Abstract:
The key idea of the conceptual model of financial and economic security of business processes of enterprise is the viewpoint that economic security is an integral part of the management system of enterprise development and therefore covers the tasks of strategic management and those that are specific to the current management of business processes of enterprise. Economic security management in accordance with development goals is ensured by such principles as: adaptability, achieved by harmonization of interests and goals, reliability of organizational relations with partners, compliance with organizational structure; sustainability, which is created due to competitiveness and stable position in the market, financial and economic condition and efficiency of functional areas of activity; ecological and social responsibility implemented in compliance with social standards and minimization of harmful effects on the environment. The components of this model are the goals, tasks, functions and potential for ensuring the security-oriented development of enterprise. Restrictions on the protection of the enterprise from threats require the financial and economic security management system of the developed information and analytical provision to identify and prevent threats, assess their impact, changes in the financial and economic state of the enterprise, the sufficiency of its resource provision. The most relevant are the analytical methods for assessing possible threats and their consequences, identifying dangerous zones to maintain the sustainability of the financial and economic state of enterprise. Further development of an analytical instrumentarium for assessing economic security be carried out through the construction of more advanced indicators and criteria for quantitative assessment of the adequacy of the level of economic security in order to ensure the sustainable development of enterprise.

Keywords: financial and economic security, security-oriented development, conceptual model, business process, enterprise, information and analytical provision.

Tabl.: 2. Bibl.: 10.

Otenko Iryna P. – Doctor of Sciences (Economics), Professor, Professor, Department of International Economic Relations, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Email: [email protected]
Shkreben Roman P. – Candidate of Sciences (Economics), Lecturer, Department of International Economic Relations, Simon Kuznets Kharkiv National University of Economics (9a Nauky Ave., Kharkiv, 61166, Ukraine)
Harnam Mykhailo V. – Postgraduate Student, Department of Management in Construction, Kyiv National University of Construction and Architecture (31 Povitrianykh Syl Ave., Kyiv, 03680, Ukraine)

List of references in article

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