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Integrated Economic Entities: Issues of Management and Economic Security

Authors: Elina R. Zakirova, Cand. Sc. (Econ.), Associate Professor of Financial Management Dept., Ural State University of Economics

Konstantin V. Rostovtsev, Cand. Sc. (Econ.), Associate Professor of Financial Management Dept., Ural State University of Economics

Abstract. The article deals with the issues of management of key indicators and business processes of integrated economic entities (IEEs) and their economic security. The main idea of the paper is to treat IEEs as a single object of management. For this reason IEEs owners are primarily interested in general (integrated) performance results of business consolidation in terms of both its efficiency and economic security. The authors have a detailed look at indicators of effective asset management of IEEs. The major approaches to building a system of economic security are formulated and described. The measures to optimize costs of ensuring economic security of IEEs are proposed.

Keywords: competences, competences of corporations, creativity, personnel training, modern manager