Author
Abstract
The most important indicators of economic activity of any enterprise or industry are indicators that characterize the efficiency of their activities, is the ratio of the result to the costs incurred. Performance indicators are influenced by many factors that depend on industry characteristics, territorial, marketing and management system. The task of each enterprise in the context of efficient management is to reduce costs and obtain higher financial results, taking into account the risks of the enterprise. That is why there is a need for a comprehensive, structural study of the efficiency of economic activity of enterprises in various sectors of the national economy using the methods of economic analysis. The article describes the scientific approaches to the economic essence of the concept of "efficiency", "economic efficiency" and the system of indicators that characterize the level of economic efficiency of the enterprise. It is found that economic efficiency is the result of financial and economic activities of the entity, which covers all costs for its implementation and contains the net profit that remains for business development. The analysis of economic entities of Ukraine by types of economic activity is carried out and it is found out that industrial enterprises accounted for 6.7% of the total number of economic entities, they provide 24.4% of Ukraine's GDP and sell 30.7% of total products. enterprises of the national economy of Ukraine. Based on statistical research methods and methods of economic analysis, the dynamics of the main indicators of economic efficiency of industrial enterprises of Ukraine are calculated, analyzed and factor analysis of their change is carried out. It has been found that over the last 5 years, industrial enterprises have been increasing sales volumes, the amount of net profit and increasing economic efficiency
Suggested Citation
Tetyana Talakh, 2021.
"Ssessment of economic efficiency of functioning of industrial enterprises of Ukraine,"
E-Forum Working Papers, Economic Forum, vol. 11(4), pages 101-108, November.
Handle:
RePEc:cuc:eforum:v:11:y:2021:i:4:p:101-108
DOI: https://doi.org/10.36910/6775-2308-8559-2021-4-14
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