Management Decision-Making by the Head of the Peasant Farm Enterprise under Conditions of Uncertainty

Popova, Irina

doi:10.1088/1757-899x/753/6/062021

Cited by 3 publications

(1 citation statement)

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“…Analysis of the practice of designing mining enterprises in conditions of uncertainty [2] showed that the procedure for substantiating design solutions and parameters of technological systems of coal mining should be approached from the standpoint of intelligent integrated methodologies. The article [3] considers uncertainty as one of the risk factors for the functioning of peasant farms, considers the tendencies of the development of small business in agriculture and suggests options for making managerial decisions to improve their efficiency; transformational changes in the agricultural sector in the context of institutional transformations are disclosed in [4]; the authors of [5] propose a methodological approach to assessing investments that support the economic development of agricultural enterprises in an uncertain competitive environment.…”

Section: Theorymentioning

confidence: 99%

Formation of Performance Indicators of System-forming Regional Enterprises under Uncertainty

et al. 2021

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A modern enterprise must be ready for any changes that may arise under the influence of both internal and external influences, including uncertain ones. It must be able to get out of this unfavorable situation as quickly as possible. The proposed study is to confirm the hypothesis of the relationship between the level of uncertainty and the performance of an enterprise based on the use of the preventive preparedness regime. The work solves the following tasks: assessment of the level of uncertainty of the external environment, selected as an indicator of entropy; a methodology for choosing the financial and economic indicators of an enterprise for the formation of a preventive readiness mode is proposed; the existence of a relationship between the level of uncertainty and indicators of the preventive readiness regime has been empirically confirmed. The authors propose a variant of the enterprise’s transition to a state of so-called “maximum readiness”, in which it will feel “comfortable”. The concept of enterprise management in a situation of external uncertainty is presented. In accordance with this approach, the results of the analysis of financial, economic and social indicators of economically significant automobile enterprises located in various regions of Russia, included in the list of backbone and influencing the development of the region, have been investigated. The selected indicators were considered from the point of view of the possibility of applying to them the state of the maximum readiness mode in conditions of uncertainty, which provides an adaptive state of the enterprise and, accordingly, will allow maintaining and even increasing its position in the market in the presence of uncertainties. The proposed concept can be recommended to all firms and enterprises with an innovative focus since they are more susceptible to the adverse effects of uncertainties.

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Section: Theorymentioning

confidence: 99%