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The Uncertainty Factor in the Market Economic System: The Microeconomic Aspect of Sustainable Development

Opportunities for sustainable development of the business entity largely depend on the uncertainty factor, which, in particular, is expressed in the asymmetry of information. Due to the influence of this factor, forecasting the efficiency of enterprises becomes a difficult task. Every company must meet the requirements of modern reality and be open to new solutions. The purpose of this study is a microeconomic analysis of factors that affect the sustainable development of enterprises. The uncertainty condition is considered as an integral element of the modern concept of company management. Based on the analysis of the literature, personal observation and interviews with managers, the guidelines for building a modern microeconomic model of a market economy were identified, which can further become the basis for creating new organizational management models.
sustainable development, knowledge economy, market economic system, Economic history and conditions, TA177.4-185, Information technology, HC10-1085, T58.5-58.64, uncertainty factor, network organization, Economics as a science, Engineering economy, HB71-74
sustainable development, knowledge economy, market economic system, Economic history and conditions, TA177.4-185, Information technology, HC10-1085, T58.5-58.64, uncertainty factor, network organization, Economics as a science, Engineering economy, HB71-74
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).42 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 1% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 1%
