PROFIT OF ENTERPRISES AND ECONOMIC METHODS OF MANAGING THE PROCESS OF ITS FORMATION
Journal Title: Держава та регіони. Серія: Економіка та підприємництво - Year 2018, Vol 4, Issue 103
Abstract
The essence of profit of an enterprise as an economic category is considered in the article. On the basis of studying and generalising different points of view of domestic and foreign scientists, common features are defined and the role and importance of the company’s profit in the conditions of a market economy are reflected. Profit of an enterprise as an expression of the final financial results of its economic activity is the object of management. The article presents the views of researchers on the essence of profit management of the enterprise and states that the construction of a profit management system requires the formation of a systematic list of macro-objects of management, which are divided into two main types: the management of profit generation; distribution management, and profit utilization. The author shares the position of the scholars that managing the formation of company profits, being integrated into the general system of profit management, is a separate object of management. The article presents the management mechanism of the formation of enterprise profit as a set of interrelated goals, tasks whose solution is aimed at its action, principles, objects, subjects, methods and tools, evaluation indicators as an integral part of the information support of the mechanism and functional elements. It is emphasized that the practical implementation of measures to manage the formation of profits of the company involves the use of the following methods: analysis (horizontal analysis, vertical analysis, comparative, risk analysis, coefficient analysis, integral analysis, factor analysis, CVP analysis); methods of planning and forecasting profits both in terms of proposed liability centres, as well as on individual operations and the enterprise as a whole; pricing methods; methods of enterprise expenses management; methods of managing receivables, etc. According to the author, the prospect of further exploration in this direction is to improve the methods for managing the profit of the enterprise, taking into account modern conditions of management.
Authors and Affiliations
O. S. Khryniuk, Ye. О. Siaber
Keywords
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