Analytical methods of search of efficiency reserves of agricultural enterprises functioning
Journal Title: Економічний аналіз - Year 2017, Vol 27, Issue 1
Abstract
Introduction. Agricultural enterprises are the basic elements of agriculture. They provide it with the necessary raw materials for food production. In this regard, it is essential to continuously improve the efficiency of a modern market economy. Purpose. The study aims to search for reserves of efficiency of agricultural enterprises using analytical techniques such as canonical analysis. Results. In the article the necessity of finding reserves of efficiency of enterprises using canonical analysis is grounded. This analytical method allows to determine the effect of factors that describe the production and financial activities of companies on several performance indicators surveyed entities, which increases the objectivity of analytical findings as the basis for management decisions and payments made practical significance. In order to identify the causes that led to the emergence of weaknesses in the functioning of agricultural enterprises it has been built the monitoring system that provides specially organized surveillance of objects, phenomena, processes for their assessment, control or prediction. The usage of canonical analysis made it possible to identify the negative effects of internal and external environment during the relevant phases of the life cycle of agricultural enterprises which are analyzed. It has become the basis for forecasting its level of efficiency taking into consideration the impact of the most significant factors on the activity of this company depending on the phase of the life cycle. The results of such analyses helped to develop a set of analytical measures to neutralize these manifestations on the early stages. Application of analytical reporting tool will allow their management personnel time to identify, neutralize and prevent the negative effects of internal and external environment for production and financial activities of domestic agricultural enterprises. This technique, which is simple in calculation, does not require the use of information sources that are confidential. It describes the production as well as the financial aspects of the agricultural enterprises.
Authors and Affiliations
Nina Volkova, Anastasiia Koliada
Keywords
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