Authors:
Denys Vasylychev
;
Sergiy Tsviliy
;
Darya Gurova
and
Olena Halan
Affiliation:
National University «Zaporizhzhia Polytechnic», Zaporizhzhia, Ukraine
Keyword(s):
Efficiency, Business, Results, Costs, Profit.
Abstract:
The content and stages of business efficiency analysis were determined. It is established that for the purpose of assessing the business management of the enterprise, science and practice have developed economic indicators that model economic phenomena and are designed to assess the economic performance of an enterprise or its business activity under the conditions of business intellectualization. It is proved that business efficiency is measured in one of two ways, reflecting the performance of the enterprise in relation to either the amount of resources advanced or the amount of their consumption (costs). To assess the efficiency of a business, a system of indicators is used, it includes both private and generalized indicators of efficiency. The proposals on the formation of generalizing indicators of economic efficiency at the macro- and micro-level are considered. When building a model of economic efficiency of business using the resource approach, the concepts of advanced variab
le capital and applied variable capital are used. To calculate the economic efficiency of business using the resource approach, it is necessary to take the ratio of the result, which is commodity capital in monetary form, and the cost of resources of human and social labor.
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