კონფერენცია

∘ Irine Mamaladze ∘ Maia Kapanadze ∘
RESTRUCTURING OF A FIRM IN THE CONDITIONS OF MARKET ECONOMY

Summary

The main aim of any firm in market economy is profit maximization. It constantly strengthens a role of multinational corporations in the world market. As concerns mixed economy, here the main reason is increase of competitiveness of a production, firm and the whole economy. Competitive advantages of firms provide not reusable maximum profit, but optimum income in an average and long-term outlook. Only that firm has a chance to save the made production, which has more competitive advantages and not the firm that has maximum yield. In such conditions adjusting to new conditions of operation becomes the main task of restructuring, also transformation of the firm into such a flexible system that will soon be able to adjust environmental changes.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Irine Mamaladze ∘ Maia Kapanadze ∘ RESTRUCTURING OF A FIRM IN THE CONDITIONS OF MARKET ECONOMY Summary The main aim of any firm in market economy is profit maximization. It constantly strengthens a role of multinational corporations in the world market. As concerns mixed economy, here the main reason is increase of competitiveness of a production, firm and the whole economy. Competitive advantages of firms provide not reusable maximum profit, but optimum income in an average and long-term outlook. Only that firm has a chance to save the made production, which has more competitive advantages and not the firm that has maximum yield. In such conditions adjusting to new conditions of operation becomes the main task of restructuring, also transformation of the firm into such a flexible system that will soon be able to adjust environmental changes.