Biotechnological approach to the analysis and prognostication of the financial stability of the enterprise

Petr Ogorodnikov () and Vsevolod Perunov ()
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Petr Ogorodnikov: Orenburg Branch of the Institution of the Russian Academy of Sciences

Economy of region, 2011, vol. 1, issue 2, 235 - 238

Abstract: The article considers an alternative method of appraisal and projection of a company’s financial stability. Biological object (i.e. a person making decision) is given a considerable role among the factors that influence financial stability of a business unit. Financial stability of a company is considered from the biological point of view — engineering approach, which includes a system of elements: a human being, an automate and environment. This approach will improve adequacy of results of a company’s financial stability appraisal in different economic situations.

Keywords: financial stability of company; biotechnological approach; biological system; technical system (search for similar items in EconPapers)
Date: 2011
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