Mechanism of Managing Profit of Domestic Enterprises
Journal Title: Бізнес Інформ - Year 2014, Vol 5, Issue 0
Abstract
The goal of the article lies in the study of specific features of creation and functioning of the mechanism of managing profit of domestic enterprises under modern economic conditions. The study of scientific works of well-known scientists allows identification of the essence, goals, tasks, principles and elements of the mechanism of managing enterprise profit. In the result of the study the article establishes that the mechanism of managing profit consists of a set of elements that regulate the process of development and realisation of managerial decisions connected with key aspects of profit management: formation, distribution and use. The article shows that profit management at an enterprise should be done with the use of methodical, organisational and information-analytical support. It shows that the enterprise profit size is influenced by the results of operation, financial and investment activity, that is why, managing profit, especially its formation, should be done in the context of shown types of activity. Prospects of further studies in this direction are identification of factors that influence the enterprise profit size, search for reserves of its growth in order to increase its financial sustainability and provide the enterprise with resources for further development.
Authors and Affiliations
Olga Miroshnychenko, Yuliia Korkonos
Keywords
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