E3S Web of Conferences (Jan 2020)

Business sustainability management in the current scientific and technical climate

  • Ilyin S.Yu.,
  • Krasnyanskaya O.V.,
  • Shatskaya I.V.,
  • Beketova O.N.

DOI
https://doi.org/10.1051/e3sconf/202020803034
Journal volume & issue
Vol. 208
p. 03034

Abstract

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The article presents the indicators of managing modern business sustainability, based on the relevant innovative factor of its conduct at the current stage of management evolution. The choice of indicators is based on the postulates of the school of management science, which are most significantly manifested in the system of economic relations, including the commercial sector of the economy, and, accordingly, such resulting and factor indicators as changes in income and expenses, direct (direct) and indirect - a given (indirect) ratio of income and profit to process costs for the development, implementation, and application of innovations by entrepreneurs for the implementation of commercial projects. These relationships between changes in income and expenses were plotted through a combination of their various types (additive, multiplicative, multiple), which help to identify the degree of influence of each factor indicator (element of process costs) on the resulting indicators and take measures to maximize the result and minimize such costs using the computational-constructive method in its interaction with individual elements of mathematical analysis. The material is useful for entrepreneurs regardless of their commercial interests and organizational mechanism of economic management, for educational and scientific institutions and their students in economic and management programs, specialties, and profiles.