Вестник Северо-Кавказского федерального университета (May 2022)

IMPORT SUBSTITUTION AS AN INSTRUMENT OF STRATEGIC PLANNING AND FORECASTING AT INDUSTRIAL ENTERPRISES

  • Evgeniya Bondarenko,
  • Evgeniya Karpunina

Journal volume & issue
Vol. 0, no. 3
pp. 44 – 50

Abstract

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The article deals with import substitution as a governmental policy and as a challenging strategy of enterprise development. Purposes and specific characteristics of the three main import substitution strategies -domestic-oriented, external-oriented and mixed - are outlined. Different stages of import substitution strategy development are set forward: for industrial enterprises to be founded - at the stage of business planning, for operating industrial enterprises - at the stage of the company strategy review. The definitions of «import substitution:}, «domestic manufacturer:: and «production localization:: are specified.

Keywords