Ways to Improve the Management of The Economic Security of Travel Companies

Abstract

The methodological approaches to the assessment of the economic security of a travel company on the basis of quantitative and qualitative methods for assessing the components of the company’s external and internal environment (PEST analysis) and statistical modeling were improved which allows increasing the objectivity of management decisions taking into account the peculiarities of the functioning of travel companies in Bulgaria. The process of the economic security management of a travel company, containing relevant stages and controls within the institutional, organizational, economic and informationalmotivational components was improved, which, unlike the existing ones, makes it possible to adapt to the needs of the market and the requirements of current legislation, as well as to increase the scientific soundness of making management decisions. The practical significance of the obtained results lies in the fact that scientific developments and proposals of the work was brought to the level of theoretical and methodological generalizations, methodological and practical recommendations for the economic security management of travel companies.