Sustainable Development of Methods for Assessing the Economic Efficiency of Enterprises under the Conditions of Business Intellectualization

Denys Vasylychev, Sergiy Tsviliy, Darya Gurova, Olena Halan

2022

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 variable 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.

Paper Citation

in Harvard Style

Vasylychev D., Tsviliy S., Gurova D. and Halan O. (2022). Sustainable Development of Methods for Assessing the Economic Efficiency of Enterprises under the Conditions of Business Intellectualization. In Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - Volume 1: ISC SAI, ISBN 978-989-758-600-2, pages 208-218. DOI: 10.5220/0011348300003350

in Bibtex Style

@conference{isc sai22,
author={Denys Vasylychev and Sergiy Tsviliy and Darya Gurova and Olena Halan},
title={Sustainable Development of Methods for Assessing the Economic Efficiency of Enterprises under the Conditions of Business Intellectualization},
booktitle={Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - Volume 1: ISC SAI,},
year={2022},
pages={208-218},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011348300003350},
isbn={978-989-758-600-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 5th International Scientific Congress Society of Ambient Intelligence - Volume 1: ISC SAI,
TI - Sustainable Development of Methods for Assessing the Economic Efficiency of Enterprises under the Conditions of Business Intellectualization
SN - 978-989-758-600-2
AU - Vasylychev D.
AU - Tsviliy S.
AU - Gurova D.
AU - Halan O.
PY - 2022
SP - 208
EP - 218
DO - 10.5220/0011348300003350