FACTORS OF THE FORMATION OF ECONOMIC SECURITY OF MANUFACTURING BUSINESSES IN TOURIST AREA

Abstract

The subject of the research is theoretical and methodological basis ofeconomic security in manufacturing businesses formation.The purpose of the study is to research the factors of the ways how to ensure economicsecurity of manufacturing businesses in tourist area.Methods of the research. There is a set of scientific methods and approaches used in thestudy, including logical synthesis, systematic method of comparison and graphic method,allowing for conceptual coherence.The results of the work. The need for formation of economic security in manufacturingbusinesses in tourist industry under the condition that the sustainability of operating anddevelopment processes is achieved, is justified the article.The sphere of application of the results. In the industry of Economic Science and inpractical manufacturing businesses activities.Conclusions. Main outcomes of the research and its theoretical and methodological resultscan be summarized as the following wording: based on an assessment of condition of foodindustry as strategically important sphere, that provides economic well-being of the populationof the region and effective development of tourism, which is unstable and depends on the impactof different factors (the degree of legislative framework perfection, level of taxation, globaldistribution market access, investment attractiveness of the region and state), updates the needfor study and research of new and improvement of already known methods of safety netensuring. In order to achieve the highest possible level of economic security, enterprise has towork for retention in security of all its functional components, complex study of the impact ofdifferent factors that create threats to its stable development and effective functioning. However,we should take into account that the economic and legal institutional arrangements which formthe basis of security system, are significant for economic security.