WAYS TO INCREASE PROFIT OF AN ENTERPRISE

In a market economy, the main goal of entrepreneurial activity is to make a profit. To maximize this indicator, it is necessary to analyze the formation and changes in financial results and their constituent income and expense elements in order to form an information base for taking management actions to increase the profitability of the analyzed enterprise for the analyzed period. To do this, both general indicators and private ones are identified, which had the greatest impact on the formed values, namely: the cost of production and administrative expenses

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Published
2024-10-24
DOI
https://doi.org/10.58168/moty_99-105
Primary Topic
Economic and Business Development Strategies
Type
article
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article

WAYS TO INCREASE PROFIT OF AN ENTERPRISE

Nadezhda Bukhonova, Irina Marchuk, K. Kontsova, N. Moskovkin
Economic and Business Development Strategies
article

WAYS TO INCREASE PROFIT OF AN ENTERPRISE

Nadezhda Bukhonova, Irina Marchuk, K. Kontsova, N. Moskovkin
article en

Abstract

In a market economy, the main goal of entrepreneurial activity is to make a profit. To maximize this indicator, it is necessary to analyze the formation and changes in financial results and their constituent income and expense elements in order to form an information base for taking management actions to increase the profitability of the analyzed enterprise for the analyzed period. To do this, both general indicators and private ones are identified, which had the greatest impact on the formed values, namely: the cost of production and administrative expenses

Voronezh State University of Forestry and Technologies (RU), Russian Economic University after G.V. Plekhanov (UZ)
Openalex Percentile: Top 72%
Economic and Business Development Strategies
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