Assessment of the Balance of Economic Entities’ Activity at Different Life Cycle Stages

Dmitriy Aleksandrovich Endovitsky, Nikolay Petrovich Lyubushin, Nadezhda Evaldovna Babicheva and Elena S. Zotova

Montenegrin Journal of Economics, 2019, vol. 15, issue 2, 71-79

Abstract: The development of world and national economies in present-day conditions is characterized by multiple transition processes accompanied by both local and global crises. Such economic performance demonstrates contradictions in the modern economic theory and the need for a new economic paradigm with research tools which would be suitable both to describe organizations, environments, processes and projects in a consistent manner and analyze specific features of their interaction in the economy. The system economic theory developed under the guidance of G.B. Kleiner, which can be used for systemic balanced economic management at macro-, meso- and microeconomic levels is analyzed. Deeper insight into theoretical and methodological provisions of systemic balanced management of economic entities at the microeconomic level (plants). The studies were conducted on the basis of the system life cycle concept using such scientific methods as analysis and synthesis, abstraction, generalization, analogy. The resource-based economic analysis (its theoretical and methodological provisions were developed by authors of this article and tested on economic entities of various hierarchical levels) was used as an alternative to the method for assessing the degree of balance of the structure of economic entities, used in the system economic theory. It is concluded that methodological provisions of the resource-based economic analysis may be used not only to determine but also predict the balance of systemic structure of the plant by changing the amount of consumed resources and their returns.

Date: 2019
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