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International Journal of Trend in Scientific Research and Development (IJTSRD)
Special Issue on Innovative Development of Modern Research
Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470

Increasing Financial Security of the

Entity Based on Managing its Business Activity

Aziza Tohirovna Ahmedova

Samarkand Institute of Economics and Service, Samarkand, Uzbekistan

ABSTRACT Summarizing the views of scientists on the definition of
This article discusses the financial security of industrial financial security of an enterprise, the study offers the
enterprises based on management of their business activity. following interpretation.
Factors of formation of business activity of modern
The financial security of an enterprise is a certain financial
enterprises have been analyzed. Suggestions have been
condition, characterized by its ability and ability to
presented for improving the financial security of
enterprises and business activity. withstand existing and emerging threats of its deterioration.

Most scientists define economic security enterprises in a
KEYWORDS: enterprise, financial and economic security of the broad aspect, including in it: financial security, intellectual,
enterprise, business activity of the enterprise
personnel, technical and technological, political and legal,
information, environmental, power.
INTRODUCTION
In the modern economy, crisis phenomena have led to an The main goal of managing the financial security of an
increase in the importance of issues of management of enterprise is to ensure its stable and efficient functioning
financial security of enterprises. The dynamism of the now and in the future.
external and internal environment requires the management The main functional goals of ensuring the financial and
of the enterprise to search for new ways to improve the
economic security of a production enterprise are [6]:
security of financial activities.
ensuring high economic efficiency of work (profitability
Literature review of all types of enterprises);
The works of many scientists are devoted to the study of the ensuring high business activity, and, accordingly,
management of the financial results of the activities of ensuring financial stability and independence of the
enterprises. Some authors have investigated the issues of the enterprise.
influence of a variety of risks on the efficiency of enterprises. Methodology of the research
However, the issues of organizational and methodological
The purpose of our study is to substantiate and develop
support of the process of increasing the financial security of
measures to improve the financial security of enterprises
enterprises have not been sufficiently studied. Many
based on the management of their business activity. To
managers of enterprises and their departments often find achieve this goal, the study solved the following tasks:
themselves unable to justify and develop ways to improve
disclosed the essence of financial security of enterprises
the security of the financial activities of their own
and the role of business management in ensuring it;
enterprises. the analysis of risk factors for the activities of
Increasing the level of financial security of an enterprise is a enterprises was carried out;
continuous process; it covers many interrelated procedures an analysis of the business activity of enterprises;
that have appropriate requirements for their organizational organizational measures to improve the financial
support and economic justification. security of enterprises on the basis of business activity
management are proposed.
One of the factors in the formation of the financial security of
an enterprise is the level of its business activity. The object of the research is the enterprise; the subject of the
research is the process of managing the financial security of
The content of the concept of financial security of enterprises enterprises.
in relation to various branches of activity is presented in the
works of Volodina I.G. [1], Golukhov V.N., Reikhart D.V., Results
Shilenko Yu.V. [2], Reznik S.D. [3], Sorokina O.N. [4], It should be stated that an analysis of the efficiency of
Goncharenko L.P., Shlendera P.E., Badaeva O.N., Tsupko E.V. modern manufacturing enterprises showed that, in the
[5] and others. economy as a whole, the profitability of goods, works, and
services sold in 2017-2020 was had a growth trend. So, in
2017, the profitability of goods was 7%, and in 2020 it
increased to 9.3% (Fig. 1).

ID: IJTSRD40070 | Special Issue on Innovative Development of Modern Research Page 101