AT WHAT POINT DOES A BUSINESS BECOME A COMMODITY

DOI: 10.36871/ek.up.p.r.2021.09.03.002
UDC 658.14

Authors

E. A. NAZIMOV,
CJSC «Sudislavl», village Zapadny, Russia
E. V. KOROLEVA,
Kostroma State Agricultural Academy, Kostroma, Russia

Abstract

The article considers one of the risk management options, which consists in adapting the use of enterprise assets to the current economic situation. The specificity of agriculture sometimes does not allow achieving optimal elasticity of production processes, and requires new management techniques. Business backward scalability refers to a set of management solutions when, in order to maintain a business in an unfavorable economic situation, a business has the opportunity to maintain the structure of the cost of pro-duction without reducing its assets. Practical examples of using backscaling with performance assessment are given.

Keywords

business, risk, management, scaling, elasticity, adaptation.