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A methodological approach to optimizing financial resources to increase the level of economic security in a dynamic external environment Cover

A methodological approach to optimizing financial resources to increase the level of economic security in a dynamic external environment

Open Access
|Mar 2024

Abstract

The purpose of the article is to present a new approach to the optimal selection of financial resources to increase the level of economic security in a dynamic external environment. The scientific question arises as to which of the possible options is optimal, taking into account the dynamism of the external environment and security needs. The object of the study is the economic safety of industrial companies. The methodology is based on modern methods of system analysis, multi-criteria evaluation and paired comparison. The main result of the study is the proposed approach to assessing resource support for the implementation of a security mechanism, which, based on the actual limitations of human, organizational and financial resources at the disposal of most Ukrainian enterprises, can significantly improve the efficiency of their use without reducing the effectiveness of actions which are aimed at increasing competitiveness. The study has limitations, since it only takes into account the specifics of enterprises in the industrial sector of this economy, and therefore the options for financial resources are adjusted accordingly.

Language: English
Page range: 29 - 38
Submitted on: Nov 15, 2023
Accepted on: Jan 24, 2024
Published on: Mar 19, 2024
Published by: University of Information Technology and Management in Rzeszow
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2024 Marta Kopytko, Oleksandr Sylkin, Iryna Ruda, published by University of Information Technology and Management in Rzeszow
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.