Methodical bases of optimization revenue and expenditures for business performance

Abstract

Purpose. Consider the theoretical and practical aspects of the revenue management of the enterprise, methodical aspects of expendtture optimization in close relationship with the end result of the business – its profit. Methodology of research. The solution of these problems in an article carried by such scientific and special research methods: analysis and synthesis, generalization and systematization, the dialectical approach. Findings. The essence and significance of income and expenses of the enterprise, their classification in accordance with modern approaches of scientists and experts, provided their own vision and determination of individual economic categories and concepts. The basic criteria for the optimization of revenues and expenses of the enterprise to ensure its efficiency and achieve a target profit margin. Practical value. The article substantiates that the implementation of the proposed criteria and approaches to optimize revenues and expenses of the enterprise will contribute to efficient pricing of their own products, identifying effective places of implementation and maintenance of effective, profitable business. Аrticle is intended for use in the practice of modern enterprises.

Authors and Affiliations

Olga Lugovskaya, L. Lugivska

Keywords

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  • EP ID EP171927
  • DOI -
  • Views 123
  • Downloads 0

How To Cite

Olga Lugovskaya, L. Lugivska (2016). Methodical bases of optimization revenue and expenditures for business performance. Науковий вісник Полтавського університету економіки і торгівлі. Серія "Економічні науки", 2(74), 41-50. https://europub.co.uk/articles/-A-171927