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SUSTAINABLE DEVELOPMENT OF THE COMPANY BASED ON THE CONCEPT OF VALUE MANAGEMENT
Abstract
The development of the Russian economy has difficult and long way. Unpredictable dynamic market in terms of economic sanctions, an abundance of new policy decisions and legislative acts create many difficulties for Russian companies. In such terms, the particular importance takes strategic management. It is becoming increasingly important for Russian companies, which operate in conditions highly competitive, both among themselves and with foreign corporations. Currently, leading economists in the world acknowledge that the main purpose of the strategic management of the company is to increase its value. In recent years, this trend is developing in Russia. In the modern conditions of financial and economic activity, for effectively adapting to changing conditions Russian business, companies must use adapted approaches, methods and tools used in world practice. In an article for the sustainable development of an effective management system is proposed to use the concept of sustainable development of the company on the basis of value management, taking into account the stage of the life cycle of the company.
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