Organization of comprehensive research of efficiency of economic activity for the enterprise

Modern conditions of entrepreneurial activity require business entities to be competitive, to implement the achievements of science and technology, to increase the efficiency of their activities. Today, most domestic and foreign scientists interpret the efficiency of economic activity of the enterpr...

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Bibliographic Details
Main Author: A.A. Sotnyk
Format: Article
Language:English
Published: Zhytomyr Polytechnic State University 2020-06-01
Series:Економіка, управління та адміністрування
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Online Access:http://ema.ztu.edu.ua/article/view/208001/208185
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Summary:Modern conditions of entrepreneurial activity require business entities to be competitive, to implement the achievements of science and technology, to increase the efficiency of their activities. Today, most domestic and foreign scientists interpret the efficiency of economic activity of the enterprise as a complex category that reflects the ratio of the result to the costs incurred. Since the results of economic activity can be evaluated in kind, social, value, to study the effectiveness of economic activity, it is reasonable to apply the comprehensive approach, which involves considering the object of study from the standpoint of integrity and system. Thus, the comprehensive study of business efficiency is an important component of the enterprise management system. The article scientifically substantiates and proves the need for the comprehensive study of the efficiency of economic activity of the enterprise, which provides a systematic approach to the analysis of performance, development of measures to improve the financial condition of the business entity, improving the strategy of further development. The methods of analysis of economic activity of the enterprise are considered and generalized. The indicators for conducting the comprehensive study of the efficiency of economic activity of the enterprise are determined. The main factors influencing the performance indicators to improve the enterprise management system are identified. The requirements to analytical work in the process of realization of complex researches of enterprise activity are generalized.
ISSN:2664-245X
2664-2468