Adaptive Management of Small and Medium-Sized Enterprises as Anti-Crisis Management against Dynamics of External Factors

“Small” kinds of industrial businesses occupy certain positions in the economic system of the Russian Federation; however, the influence of small and medium-sized businesses on the national economic system and especially large-scale industry is behind the indicators of advanced countries. The articl...

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Bibliographic Details
Published in:Russian engineering research 2023-12, Vol.43 (12), p.1626-1631
Main Authors: Tikhonov, G. V., Pushkareva, M. B., Lavrova, L. A.
Format: Article
Language:English
Subjects:
Economic conditions
Engineering
Engineering Design
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Summary:“Small” kinds of industrial businesses occupy certain positions in the economic system of the Russian Federation; however, the influence of small and medium-sized businesses on the national economic system and especially large-scale industry is behind the indicators of advanced countries. The article examines the features of the functioning of small and medium-sized enterprises in the Russian industry, specifically the prevalence of b2b operations (business-to-business) and the possibility of their adaptation to crisis phenomena in the economy based on assessment of changes in economic potential, the results of economic activity, and the effectiveness of anti-crisis measures. The authors believe that for small and medium-sized industrial enterprises of Russia overcoming economic crisis phenomena contributes to the establishment of stable economic ties in the future and achievement of competitive advantages.
ISSN:1068-798X
1934-8088
DOI:10.3103/S1068798X23120328