Organizational-economic aspects of diversification of manufacturing activity of agricultural factories

Abstract

Goal. Assess the current state of production of agricultural products in the enterprises of the corporate sector of agrarian economy and find out the factors that hinder the process of diversification of their production activities. Methods. System approach, economic-statistical, comparative, calculation-constructive, dialectic and abstract-logical methods. Results Currently, most agricultural enterprises are guided by maximizing profits in a short period of time. In view of this, they produce the most profitable type of produce, in particular crop production, while not adhering to scientifically sound norms of agriculture. Hence the problem of diversification of production activity. The main factor that should affect this process is the state support for the production of less profitable agricultural products. The development of vertical diversification as the main factor of ensuring economic stability of the agricultural enterprise is considered. Conclusions Development of diversification processes should be carried out within the framework of the strategic development program of the enterprise, which primarily involves the implementation of conglomerate diversification, in particular technological modernization in the direction of developing new market segments.