Sustainability of Consumer Cooperatives in the Context of Economic Security

Abstract

In the context of the development of digital and market instruments in the economy, the severity of the negative impact of the pandemic, the growth of competition in the field of entrepreneurship for business entities of the consumer cooperation system, the problem of sustainability of functioning and development is actualized through the application of economic security mechanisms. The economic security of the enterprise is dual in nature: on the one hand, it provides the possibility of its own functioning, on the other hand, it is part (element) of the economic security of the highest-level system and the entity performing functions by the region, the state. In such a way, in the system of consumer cooperation—a separate consumer society, ensuring the stability of development, countering threats to the external environment, forms the foundation for the development of the cooperative movement and the stability of the entire system. It is obvious that the processes taking place in the modern socio-economic environment in connection with changes in the economic system and its adaptation to modern conditions bring to the fore the problem of economic security, and that is why the issue of its importance for the sustainable development of economic entities of cooperation. Economic security should be considered not only at the state, region, industry level, but also at the enterprise level, since the latter plays a significant role, affecting the interests of society and the state. For example, enterprises of the consumer cooperation system that carry out economic activities at their own peril create jobs, meet the needs of both workers and consumers, that is, enterprises provide employment for the population. In addition, it is enterprises that pay taxes to budgets at all levels, thereby communicating with the state and society.