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A Cooperative Model of Business Management

One of the most important tasks facing Russian producers during the transitional period is adaptation to the new conditions of economic operation. The drastic decline in the purchasing power of domestic consumers has led to a marked drop in effective demand for the products of most domestic enterprises. In this situation, there has been a widespread orientation toward survival, which is understood by many of them to mean not only preserving intrinsic production at a level that keeps the enterprise from shutting down, but also maintaining a minimal production volume among the agents that are part of this process "chain." Instances are not infrequent when enterprises that are in extremely grave financial condition are acquiring resources even for the suppliers of their own suppliers.1 G. Fetisov, a former manager of the Achinsk Alumina Combine, notes that they are also prepared to forgo a portion of the debt they are owed, insofar as they have an extreme vested interest in long-term collaboration with their counterparts.2