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Flexible Risk Management and Performance Ability of Manufacturing Enterprises Based on Manufacturing Enterprises

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DOI: 10.23977/msom.2023.040207 | Downloads: 11 | Views: 418

Author(s)

Zhang Ge 1

Affiliation(s)

1 Qinghai Minzu University, Xining, Oinghai, China

Corresponding Author

Zhang Ge

ABSTRACT

The implementation of cost-leading strategies can bring positive performance to the company. The flexible efficiency capabilities characterized by resource specialization, mechanical structure, standardized processes, and competitive external relationships mainly play an intermediary role, thus supporting the enterprise's strategic endogenous theory. Flexible risk management capabilities can be divided into two types: cost leadership, enterprises choose to develop flexible efficiency that improves efficiency and reduces costs, and solve environmental uncertainties through comprehensive ability improvement, so as to effectively solve the problem that strategic risks are difficult to identify and measure, so that enterprise performance can be improved. The research results show that there is a significant positive correlation between the resilience risk of an enterprise and its operating performance.

KEYWORDS

Flexible Risk Management, Performance Ability, Manufacturing Enterprise, Principal Component Analysis

CITE THIS PAPER

Zhang Ge, Flexible Risk Management and Performance Ability of Manufacturing Enterprises Based on Manufacturing Enterprises. Manufacturing and Service Operations Management (2023) Vol. 4: 48-54. DOI: http://dx.doi.org/10.23977/msom.2023.040207.

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