Prerequisites for development and diversification of production in industry
Prerequisites for development and diversification of production in industry

Summary/Abstract: This article describes the process of diversification as a matter of aggregate socio-economic and administrative relations that arise between the subjects of a region, including industrial enterprises on the one hand and regional consumers on the other as well as the participation of authorities and entities of the institutional environment. Diversification through the acquisition and construction of assets in a country is supplemented by diversification through the acquisition of assets abroad. The diversification of industrial activities in a region as a matter of administrative relations that structure the interaction between these relationships is a form of the implementation of corporate strategies and promotes the benefits of diversification. The main obstacle to the direction of diversification is limited financial, information and manufacturing capabilities as well as limited experience.

• Details
• Contents