Characteristics of research of efficiency of the enterprise activity

Authors

DOI:

https://doi.org/10.21847/1728-9343.2016.3(143).74686

Keywords:

efficiency, industrial enterprise, development, strategic development, research efficiency

Abstract

The aim of the research is to elaboration of the logic study of efficiency of the enterprise activity with considering the characteristic features of the modern business environment. The objectives of the study were: highlighted the characteristic features of the modern business environment, that influence on the efficiency of the enterprise activity; elaborated of the logic study of efficiency of the enterprise activity in development conditions.

In contrast to existing approaches, in the proposed logic study of efficiency of the enterprise activity the current efficiency of the company combined with the objectives of its strategic development. In these conditions of functioning is ensured the link between short-term and long-term objectives and features of the industrial enterprise management. The achievement of efficiency of activity in the short-term is a priority objective for the enterprise, which seeks to achieve a competitive advantage in the current difficult economic conditions and develop on a new foundation. Therefore ensuring and maintaining the efficiency of the enterprise activity is one of the conditions of implementation of the strategic objectives of industrial enterprise development, which should be introduced into practice of domestic enterprises.

The work presents characteristic features of the modern business environment. Among the characteristic features highlighted accounting of external economic conditions, the coordination of the vector and development goals with the efficiency level.

This will generate additional economic benefits, will increase the profitability level of functioning in the current and prospective periods and strengthen the competitiveness of industrial enterprises.

Author Biographies

Mykola Bilopolsky, Academy of Economic Sciences of Ukraine

Doctor of Economics, Professor, vice president

Dmytro Chigarev, Priazovsky State Technical University

postgraduate student

References

Andreyeva I. G., Pavlov K. V. (2010), On the relationship between stability and efficiency of business structures, Ekonomichnyi visnyk Donbasu, no. 2 (20), pp. 197-210 (rus).

Bilopolsky M. G., Kharchenko V. A. (2014), Characteristics of the industrial enterprise development, Ekonomichnyi visnyk Donbasu, no. 1 (31), pp. 148-156 (ukr).

Veselovskiy M. Ya., Abrashkin M. S. (2013), Theoretical approaches to the determination of the industrial enterprises effectiveness, Voprosy regionalnoy ekonomiki, no. 3, pp. 107-115 (rus).

Economic Code of Ukraine in 2003, Vidomosti Verhovnoi Rady, no. 18, 19-20, 21-22 (ukr).

Zhemchugov A. M., Zhemchugov M. K. (2010), The components of the effective activity of the enterprise, Rossiyskoe predprinimatelstvo, no. 7(2), available at: http://corpsys.ru/Articles/Strategy/Effectiveness.aspx (rus).

Kasych A. O. (2011), Methodological basis of the company effectiveness analysis in terms of capital transnationalization, Efektyvna ekonomika, available at: http://www.economy.nayka.com.ua/?op=1&z=453 (ukr).

Ryzhkova T. V., Gorelova L. V. (2013), Evaluation of the enterprises efficiency (history and the present theory and methodology), Vestnik Ekaterininskogo instituta, no. 4 (24), pp. 51-55, available at: http://www.niev.ru/files/publishinghouse/vestnik-04-2013/4_2013_10.pdf (rus).

Suvorova A. P. (2006), The methodological approach to the evaluation of the effectiveness of economic organization, Finansy i kredit, no. 4, pp. 43-48 (rus).

Tanicheva T. S. (2010), The effectiveness of business and administrative activity of industrial enterprise and its relationship with competitiveness, Ekonomika i ekonomicheskie nauki, no. 3, pp. 118-121 (rus).

Farafonova N. V. (2011), The essence of economic efficiency and make economic activities of agricultural enterprises, Aktualnі problemy ekonomіki, no. 10, pp. 176-185 (ukr).

Kharchenko V. A. (2009), The economic essence of the effect and efficiency, Teoretychni i praktychni aspekty ekonomiky ta intelektualnoi vlasnosti, Marіupol, pp. 312-315 (ukr).

Farrell M. J. (1957), The measurement of productive efficiency, J. of the Royal Statist. Society, no. 3, pp. 253-290 (engl).

Published

2016-08-01

How to Cite

Bilopolsky, M., & Chigarev, D. (2016). Characteristics of research of efficiency of the enterprise activity. Skhid, (3(143). https://doi.org/10.21847/1728-9343.2016.3(143).74686

Issue

Section

Economy