Forecasting Efficiency of Execution of a Foreign Economic Contract of an Industrial Aviation Enterprise
Journal Title: Бізнес Інформ - Year 2013, Vol 4, Issue 0
Abstract
The article states that the key tool of foreign economic activity is a foreign economic contract, on the basis of which methodical components are formed depending on the level of its organisation. Economic efficiency of contracts mostly depends on influence of risks, minimisation of which allows increase of efficiency of foreign economic activity of an industrial aviation enterprise. In order to determine influence of risks of a foreign economic contract on profitability of products it is offered to use a non-linear autoregressive model with external inputs (NARX). Method of optimisation of the quality functional is the Levenberg-Marquardt method, which results in obtaining more reliable results. In order to assess efficiency of performance of a foreign economic contract it is expedient to calculate the indicator of quality of conclusion of a contract. It is offered to create reserve funds of compensation of losses from impact of foreign economic risks. Efficiency of foreign economic activity of an enterprise should be assessed from the point of view of factually received profit against executed contracts and increase of circulating funds due to it.
Authors and Affiliations
Samira Piletska
Keywords
Related Articles
- EP ID EP125985
- DOI -
- Views 125
- Downloads 0
Financial and Management Accounting for Income of Travel Enterprises
The theoretic fundamentals of income earned by travel enterprises are analyzed in the paper. The kinds of travel rent are marked out by the role of information resources. Information potential of financial accounting for...
Analysis of Logistics Costs of the Ukrainian Semiconductor Industry
The goal of the article is analysis of logistics costs in production of semiconductor materials using example of two Ukrainian enterprises. The article studies influence of logistics management and logistics costs upon f...
Information Support of Financial Control Based on International Accounting Standards for the State Sector
The requirements for accounting and reporting on the implementation of budgets in accordance with the two approaches were summarized: the statistical bases of financial reporting within the System of National Accounts an...
Definition of Intellectual Capital of Construction Enterprises: Approaches and Application Features
The questions on the need for the formation and use of intellectual capital in the economy of the state and the enterprises of the construction industry in particular were considered. The important role and importance of...
An Analysis of the Main Indicators of Socio-Economic Development of the Poltava Region and Its Administrative-Territorial Units
In the article an analysis of socio-economic development of the Poltava region and its administrative-territorial units has been conducted. The Poltava region has a strong industrial and agricultural potential and demons...