The Social Sciences

Year: 2016
Volume: 11
Issue: 30
Page No. 7284 - 7289

Consumer Value of Drinking Tap Water as a Management Factor of the Water Supply and Sewerage Enterprise

Authors : Makhmud Kharun, Alexander P. Svintsov and Evgeny L. Schesnyak

Abstract: In modern conditions, the economics and enterprise management, including such livelihood enterprise like water supply and sewerage, based on the twin paradigm of production and consumption which are interconnected by the Consumer Value of Drinking Tap Water (CVDTW) that is fundamentally different from all other types of livelihood product. Consumer value as an economic category, for various boons varies and depends on the subjective perception of a particular product. CVDTW is one of the most important elements of functioning of the Water Supply and Sewerage Enterprise (WSSE) as it reflects the ability not only to meet the vital needs of people but also influences the formation of their consumer behavior. In this regard CVDTW must be considered when forming the strategic planning of WSSE to maintain its economic stability. Researchers consider the consumer value of drinking tap water as a central moment of functioning of the water supply and sewerage enterprises not only to solve the tasks of providing it to the population but also operating in market conditions. CVDTW is characterized by specificity and its use in the business model of WSSE is not only a basis for increasing the economic efficiency of its selling to the population but also a more efficient use of fresh water resources.

How to cite this article:

Makhmud Kharun, Alexander P. Svintsov and Evgeny L. Schesnyak, 2016. Consumer Value of Drinking Tap Water as a Management Factor of the Water Supply and Sewerage Enterprise. The Social Sciences, 11: 7284-7289.

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