Risk management specifics in mineral water and beverage production under natural resources conservation

¹ Dagestan State Technical University, Imam Shamil Avenue, 70, 367026, Makhachkala, Republic of Dagestan, Russia
² Dagestan State University, Magomet Gadzhiev str. 43-a, 367000, Makhachkala, Russia

^* Corresponding author: firuza-a-yu@mail.ru

Abstract

This paper studies two production enterprises of the same segment, which operate in different subjects of the Russian Federation. It shows how such sectoral enterprises develop, especially after the fight against the pandemic to the present day. The study of two enterprises from the Republic of Dagestan and Stavropol Krai revealed the necessity of increasing expenditure to reduce the risks associated with maintaining production positions in the sectoral market. It was found that net profit and revenue are not the most important indicators for assessing the economic security of production enterprises. The main criterion for assessing the company's ability to manage its own risks is the gross profit indicator. The research also revealed the priorities for management decisions for the industry as a whole, especially if the industry enterprise has to reduce several types of risk at the same time. The results and conclusions of the study are of great importance for industry enterprises at the present time because of the presence of some more significant risks of a different order for modern industry manufacturing organisations. Focusing on the gross profit indicator is the best way to ensure solvency and maintain economic sustainability for sectoral enterprises, including those operating in conditions of economic uncertainty.