MODEL «EXPENDITURE-PROFIT-EARNINGS» AS A METHODICAL TOOL FOR OPERATIONAL CONTROLLING OF MACHINE-BUILDING ENTERPRISES
Journal Title: Міжнародний науковий журнал "Інтернаука". Серія: "Економічні науки" - Year 2018, Vol 1, Issue 1
Abstract
The main criteria of the efficiency of functioning of domestic machine-building enterprises are considered and a critical analysis of economic instruments used in management processes is presented. It is established that on the basis of the real conditions of the activity of machine-building enterprises, it is important to use in the controlling system an analysis of the relationship of costs, volume of activity and profit, which is aimed at studying changes that occur with the operating profit of the enterprise under the influence of changes in certain parameters of its activities. Functions of revenue and expenditure management should be realized through elements of the management cycle: planning and forecasting, organization, coordination and regulation, activation and stimulation, accounting and analysis. The importance of cost estimation lies not only from the point of view of internal economic analysis on the basis of a detailed cost information base, but also by the information indicators of the general economic environment for comparing them with sectoral ones. The expediency of introducing controlling activity oriented on the synthesis of information analytical base, aimed at minimizing costs and maximizing profits, was argued. The expediency of using the model «costs - volume – profit» in the system of operational control is substantiated. The suggestion of this tool is argued that, in its methodological and functional orientation, it orientates the entire vertical of the cost management system to their gradual decrease at the stages of production, which results in the required level of cost and the profitability of the enterprise.
Authors and Affiliations
Vasyl Lemishovskij
Keywords
Related Articles
- EP ID EP581074
- DOI -
- Views 109
- Downloads 0
ANALYSIS OF WORLD INNOVATIVE PRACTICES OF EFFECTIVENESS OF BANKING ACTIVITY
The article investigates innovative practices of banking efficiency - interfaces of applied programs, models of artificial intelligence, Internet of things. They are introduced with intense expansion beyond traditional p...
FORMATION OF THE PARTNERSHIP-MARKETING COMPLEX OF MEAT PROCESSING ENTERPRISES ON THE BASIS OF MARKET SEGMENTATION
The article considers the dynamics of meat and meat products consumption as an important component in ensuring food security of the Ukrainian population. The main factors influencing the achievement of the rational consu...
NON-MATERIAL CAPITALIZATION OF FOOD INDUSTRY
The article is dedicated the main problems of non-material capitalization in the food industry. The basic aspects of definition by scientists of the concept "non-material capitalization" are defined and general features...
STRATEGIC ANALYSIS OF INCREASING COMPETITIVENESS OF UKRAINIAN GRAIN ON THE WORLD MARKET
The article develops strategic alternatives of the behavior of grain market actors based on a strategic analysis of Ukrainian grain competitiveness, the realization of which will enable them to form long-term sustainable...
MODEL «EXPENDITURE-PROFIT-EARNINGS» AS A METHODICAL TOOL FOR OPERATIONAL CONTROLLING OF MACHINE-BUILDING ENTERPRISES
The main criteria of the efficiency of functioning of domestic machine-building enterprises are considered and a critical analysis of economic instruments used in management processes is presented. It is established that...