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Proceedings of the National Academy of Sciences of Belarus. Agrarian Series

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Current trends of formation and development of economic potential of processing enterprises of Agro-Industrial Complex

https://doi.org/10.29235/1817-7204-2019-57-1-51-62

Abstract

At the present stage, the basis of sustainable socio-economic development of the Republic of Belarus is the rational use of the economic potential of economic entities of various sectors of the economy, including companies of process­ing industry. The current situation requires changes in economic relations in AIC in order to improve competitiveness and po­tential of the national foodstuff system of the Republic of Belarus. Implementation of these tasks requires application of more advanced methods of management of economic potential of processing enterprises in AIC. The paper dwells on substantiation of the theoretical basis for formation of economic potential of processing enterprises in AIC, including clarification of concept © Волкова Е. В., 2019 of “economic potential of processing enterprises in AIC” as a set of maximum capacity of enterprises, substantiated by avail­able resources for the efficient production of goods, works and services in order to meet the market requirements, taking into account the factors of internal and external environment. Unlike existing ones, this definition includes not only opportunities and resources, but also a specific result, which requires a systematic approach to its evaluation. The scientific novelty of the­oretical development is a systematic approach to the analysis of formation of the economic potential of processing enterprises in agro-industrial complex in terms of “resources, maximum possibilities, result and assessment”. The features of formation of economic potential of processing enterprises in agro-industrial complex as a whole and its structural elements: resource, as set of resources used directly for production (fixed and circulating assets, human resources), and maintenance one - factors and conditions that provide efficient use of resources of companies used for final production. The proposed structure of the elements of economic potential characterizes most entirely the maximum capabilities of processing companies in AIC and ensures conditions for assessing the actual and perspective level of their development, which determines the significance for practice of the results obtained.

About the Author

E. V. Volkova
Mogilev State University of Food Technologies.
Belarus

Volkova Ekaterina V. - Ph. D. (Economics), Associate Professor.

3 Shmidt Ave., Mogilev 212027.



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