Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise

In modern conditions the successful operation of enterprises and maintaining the sustainability of their development depend on the adaptive model of strategic management of the enterprise. The development of such a model using traditional econometric approaches was proposed in the paper. It was sugg...

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Main Authors: Maslak Olga, Grishko Natalya, Odintsov Mykhailo, Yakovenko Yaroslava, Buchashvili Khatuna
Format: Article
Language:English
Published: EDP Sciences 2021-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/56/e3sconf_icsf2021_02008.pdf
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spelling doaj-5549afc506fe444e96d50b1b47724cf72021-07-07T11:34:23ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012800200810.1051/e3sconf/202128002008e3sconf_icsf2021_02008Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterpriseMaslak Olga0Grishko Natalya1Odintsov Mykhailo2Yakovenko Yaroslava3Buchashvili Khatuna4Kremenchuk Mykhailo Ostrohradskyi National University, Department of EconomicsKremenchuk Mykhailo Ostrohradskyi National University, Department of EconomicsKremenchuk Mykhailo Ostrohradskyi National University, Department of EconomicsKremenchuk Mykhailo Ostrohradskyi National University, Department of EconomicsMajorel Georgia LLC, Vake-Saburtalo DistrictIn modern conditions the successful operation of enterprises and maintaining the sustainability of their development depend on the adaptive model of strategic management of the enterprise. The development of such a model using traditional econometric approaches was proposed in the paper. It was suggested by the authors to take into account the prerequisites and specifics of operating activities using the method of PLS (Partial Least Squares), when it is possible to find several important (result) indicators out by the transition from the original set of features to the set of major components of a smaller dimension while maintaining causal relationships allows. The PLS-PM model of sustainable development of the mining enterprise as a complex economic system was done. The essence of latent variables and the relationship between them were identified and substantiated as well as the numerical modelling was performed using the methods of scientific generalization and abstraction.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/56/e3sconf_icsf2021_02008.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Maslak Olga
Grishko Natalya
Odintsov Mykhailo
Yakovenko Yaroslava
Buchashvili Khatuna
spellingShingle Maslak Olga
Grishko Natalya
Odintsov Mykhailo
Yakovenko Yaroslava
Buchashvili Khatuna
Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise
E3S Web of Conferences
author_facet Maslak Olga
Grishko Natalya
Odintsov Mykhailo
Yakovenko Yaroslava
Buchashvili Khatuna
author_sort Maslak Olga
title Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise
title_short Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise
title_full Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise
title_fullStr Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise
title_full_unstemmed Organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise
title_sort organizational and economic mechanisms of qualitative modeling of sustainable development of the enterprise
publisher EDP Sciences
series E3S Web of Conferences
issn 2267-1242
publishDate 2021-01-01
description In modern conditions the successful operation of enterprises and maintaining the sustainability of their development depend on the adaptive model of strategic management of the enterprise. The development of such a model using traditional econometric approaches was proposed in the paper. It was suggested by the authors to take into account the prerequisites and specifics of operating activities using the method of PLS (Partial Least Squares), when it is possible to find several important (result) indicators out by the transition from the original set of features to the set of major components of a smaller dimension while maintaining causal relationships allows. The PLS-PM model of sustainable development of the mining enterprise as a complex economic system was done. The essence of latent variables and the relationship between them were identified and substantiated as well as the numerical modelling was performed using the methods of scientific generalization and abstraction.
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/56/e3sconf_icsf2021_02008.pdf
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