New method improves financial security for industrial enterprises, boosting efficiency.
The article discusses the importance of using management tools to ensure financial and economic security at industrial enterprises. It emphasizes the need for a comprehensive analysis to select the right tools, which should consider various aspects of financial and economic activity. The study improved a scientific approach for assessing the state of financial and economic security and selecting management tools based on an economic security assessment model. By implementing these tools, industrial enterprises can enhance their financial and economic security, leading to improved efficiency and long-term growth. Key components of economic security include financial, investment, innovative, informative, personnel, and production aspects.