scholarly journals INVESTMENT DESIGN AS A BASIS FOR THE FORMATION OF INVESTMENT ATTRACTIVENESS OF AN INDUSTRIAL ENTERPRISE

2021 ◽  
pp. 36-40
Author(s):  
Ірина Федоренко ◽  
Євгенія Шкарупа ◽  
Катерина Шляпцева
Keyword(s):  
Economic Efficiency ◽  
Investment Decision ◽  
Market Competition ◽  
Investment Project ◽  
Business Plan ◽  
Industrial Enterprise ◽  
Investment Projects ◽  
Industrial Enterprises ◽  
Project Analysis ◽  
Definition Of

The article investigates the financial and economic essence of investment design and proves that having the diversity and abundance of sources of financing of various projects and programs in industrial enterprises there is an urgent need to form their investm ent attractiveness, which should be embodied in the form of an investment project. The main approaches to the definition of the concept of investment project are analyzed and the author's definition of this concept is given. The groups of methods for assessing the economic efficiency of investment projects, which allow to assess its economic efficiency, which increases the investment attractiveness of prospective domestic and foreign investors. Typical errors that may occur in the calculation of performance indicators of the investment project and adversely affect the investment attractiveness of an industrial enterprise are highlighted. It is proved that one of the most important and defining stages of the project cycle of investment design is project analysis, which is a set of methodological measures and techniques used for the preparation and justification of investment decisions. The main types of analysis that should be included in the project analysis of the investment project ar e defined. It is concluded that after all the studies preceding the investment decision, it is necessary to draw up a certa in final document that will allow the investor and the entrepreneur not only to accept, but also to fix, and when to be done to justify the hopes for the effective ness of the investment project. For this purpose, a standard document is drawn up, in which the concept of a real investment project – a business plan-is substantiated in detail. The business plan developed in the article makes it possible to find out the viability of the project in the conditio ns of market competition, contains guidelines for the further development of the enterprise, and is the main condition for the formation of investment attractiveness of an industrial enterprise in the modern investment climate of Ukraine.

scholarly journals ESTIMATING ECONOMIC EFFICIENCY OF ENTERPRISESE FUNCTIONING

2021 ◽  
pp. 7-10
Author(s):  
Юліана Шеянова ◽  
Еліна Шеянова
Keyword(s):  
Economic Efficiency ◽  
Investment Project ◽  
Cost Benefit ◽  
State Regulation ◽  
Investment Projects ◽  
Industrial Enterprises ◽  
Production Activity ◽  
Basic Approaches ◽  
Evaluation Mechanism ◽  
Social Environmental

The article analyzes the essence and importance of the mechanism of estimation of production activity efficiency in a modern industrial enterprise. The main aggregated indicators of complex evaluation of economic efficiency of enterprises are determined. In accordance with the prevailing instruments and means of public administration, the main mechanisms of state regulation of the analyzed industry are identified. The theoretical principles of the concept of "enterprise efficiency" as a property and ability of the enterprise to formulate and achieve their goals, taking into account the influence of external factors and using internal conditions of functioning, to achieve the set tasks, using all available resources and means for solving social, environmental, budgetary and other problems of both society and enterprise at the established cost-benefit ratio. The basic theoretical and methodological approaches to the estimation of economic efficiency of enterprises are considered. The basic approaches to the estimation of efficiency of production activity of the enterprise are analyzed and systematized. It is proposed to use econometric modeling to improve the reliability of the estimation of the efficiency of production activity. The expediency of carrying out such an assessment by determining the dependence of the production activity efficiency on the partial indicators of the evaluation mechanism in modern industrial enterprises based on traditional and multifactorial approaches is substantiated. The basic elements of estimation of efficiency of production activity of the enterprise are selected and the integral index of estimation of efficiency of production activity is defined. The main approaches to establishing the essence of economic attractiveness and economic efficiency of investment projects are investigated in the article. It is established that the purpose of assessing economic attractiveness is to determine the efficiency of use of public resources within the project, economic efficiency - to assess the feasibility of using scarce (limited) resources of society in the framework of a specific project. The views of scientists on the choice and characteristics of indicators of evaluating the economic efficiency of functioning of enterprises for the purpose of conducting a comprehensive analysis are investigated. Methodical approaches to assessing the economic attractiveness and cost-effectiveness of investment projects are explored. The main stages of evaluating the economic attractiveness and efficiency of the investment project have been established.

Economic Mechanism for Managing the Communication Business Process of Industrial Enterprises in the Context of Globalization

2020 ◽  
pp. 63-73
Author(s):  
Konstyantyn Yu. Zavrazhnyi
Keyword(s):  
Economic Policy ◽  
Corporate Culture ◽  
Business Processes ◽  
Market Competition ◽  
Effective Interaction ◽  
Psychological Impact ◽  
Foreign Economic Policy ◽  
Economic Mechanism ◽  
Industrial Enterprises ◽  
Definition Of

The paper provides a definition of the economic mechanism for managing the communication business processes of industrial enterprises in the context of globalization as a set of a system of relations, authorities, forms and methods of organization and operation, which are regulated by legal and other norms of activity and provide effective interaction in internal and external environments. This allows to deepen the understanding of the essence in the context of globalization under the orientation towards communication (we mean interaction first of all). The composition of the comprehensive economic mechanism for managing the communication business processes of industrial enterprises is studied. This mechanism includes organizational, economic, legal, political, technical and technological, market, production, social, motivational, adaptive and communication submechanisms. This allows further formalization of the process of elemental improvement of the communication business processes of industrial enterprises. The components of mechanism are detailed. In particular, the economic submechanisms include the mechanisms of profits distribution, economic stimulus, financial, equity, investment and reinvestment in development and other mechanisms. The legal submechanisms include the mechanisms, which govern communication and professional legal relations. Organizational submechanisms include structural mechanisms, administrative and information mechanisms that ensure the development and modernization of communication activities at the enterprise, its information security. Political submechanisms include mechanisms of information policy, social and economic policy and foreign economic policy. Market submechanisms include the ones of market competition, demand and supply, etc. Social submechanisms include the ones of transparency of doing business, social responsibility, social and psychological impact, etc. Production submechanisms include the following ones: resource, implementation of new types of software and hardware and other. Technical and technological submechanisms include the ones of scientific and technological progress, technological updates. Motivational submechanisms include the mechanisms of material and non-material incentives of personnel. Adaptive submechanisms are the submechanisms of innovative development (including implementation of innovations in information field), managing the personnel potential, etc. Communication submechanisms include the ones of information-and-analytical activities (including research conducting); external communications (including the system of integrated communications tools, modern telecommunications and communications facilities); internal communications (including creating corporate culture). Key words: economic mechanism, submechanisms, management, communications, business processes, industrial enterprise.

scholarly journals A fuzzy set model for assessment of a perspectives level for integration of new materials in industrial enterprise processes

2018 ◽  
Vol 44 ◽  
pp. 00045
Author(s):  
Elena Kasianenko ◽  
Evgenii Konnikov ◽  
Nikita Lukashevich
Keyword(s):  
Risk Process ◽  
Industrial Enterprise ◽  
New Materials ◽  
Process Systems ◽  
Industrial Enterprises ◽  
Definition Of ◽  
Effective Models ◽  
Further Development ◽  
Qualitative Changes

The definition of effective improvement vectors is currently one of the most pressing challenges facing the industry representatives. The transition to the sixth technological mode effectively contributes to competition intensification in all markets of industrial products. This is largely due to the fact that existing process systems are at the peak of their effectiveness. Further development requires qualitative changes. However, the principal improvement is a long-term and high-risk process. For this reason the issue of creating effective models for assessment of the strategic lines of processes improvement becomes increasingly important for industrial enterprises. This article considers in details the vector of industrial enterprise processes improvement based on the integration of new materials. As a result, a model allowing to assess a perspectives level for integration of new materials in industrial enterprise processes is created.

scholarly journals EXPLANATION OF THE BENEFIT OF THE INVESTMENT PROJECT ON THE CASH BASIS / IZRAŽAVANJE KORISTI INVESTICIONOG PROJEKTA NA GOTOVINSKOJ OSNOVI

2019 ◽  
Vol 16 (2) ◽  
Author(s):  
Dijana Kremenović
Keyword(s):  
Growth And Development ◽  
Investment Decision ◽  
Investment Decisions ◽  
Investment Project ◽  
Capital Budgeting ◽  
Investment Activity ◽  
Investment Projects ◽  
Investment Process ◽  
Additional Value ◽  
Cash Basis

Decisions about the choice of investment projects can significantly affect the destiny of the company, its competitive position in the market, market participation, the direction of further technological development, and even the survival of the company. The aim of this paper is, in the conditions of the current economic reality, to point out the significance of the choice of methods of expressing the benefit of an investment project. In this sense, we have explained in detail all currently applicable methods for assessing the viability of investment projects on a cash basis, comparing the good and bad sides of all the methods presented. In this connection, we especially pointed out the importance of the time value of money. The decision to apply the capital budgeting process, certainly, is the decision of the company itself. However, the outcome of investment activity is borne by a wider circle of consumers, which should be a sufficient reason to encourage education and the application of current methods in this area. If you want to realistically look at the investment process and evaluate the justification of an investment project, it is necessary to identify and analyse the effects of exploitation of a particular investment. In order to ensure the realization of the company’s basic strategic goals and thus ensure its growth and development, it is necessary to make decisions in which the company will focus its investment activities on this investment projects whose effects will ensure the highest return on investment. This work deals with the complex issues of making adequate investment decisions using a method for assessing the viability of investment projects on a cash basis. Bearing in mind the significance of investment activity, we can conclude that for the purpose of making a good investment decision, it is necessary to realistically look at the entire investment process and assess the justification of the implementation of the investment project. In this sense, we identify, measure and quantify the overall effects of the realization of a particular investment. Capital budgeting for the purpose of making an investment decision today is a generally accepted concept in developed economies. There is no doubt that there are many disagreements regarding the choice of the methods of assessing the viability of investment investments, and then the selection of criteria within a certain method. However, it is quite certain that the rich experience of developed countries undoubtedly points to the need for capital budgeting, investment project management, with particular emphasis on the use of discounted methods for assessing the viability of investment investment and respecting both economic and non-economic effects. Implicit benefits that the application of capital budgeting brings to the overall growth and development of the company, in terms of reducing uncertainty in making investment decisions, easier ranking of investment projects, exact measurement of expected benefits, transparency of investment activity criteria, attracting investors and ultimately creating additional value and greater degree of realization of strategic company goals.With this work, we pointed out the fact that capital budgeting is crucial in the process of making an investment decision and in that way has influenced enterprises to seriously deal with the choice of the method of estimating the profitability of investment projects that will surely result in additional value for the company.

scholarly journals DETERMINATION OF OPTIMAL FUNDING SOURCES FROM A SET OF ALTERNATIVES

2021 ◽  
pp. 55-63
Author(s):  
N. Koshevsky
Keyword(s):  
Capital Structure ◽  
Economic Efficiency ◽  
Investment Project ◽  
Point Of View ◽  
Practical Case ◽  
Baseline Scenario ◽  
Investment Projects ◽  
Funding Sources ◽  
Return On Capital ◽  
The Impact

The introduction provides a brief review of the literature on methods for assessing the effectiveness of investment projects, based on which the choice of optimal sources of financing is made. In the main part of the work, various scenarios for the implementation of an investment project are disclosed: sources of financing that are alternative to the baseline scenario are attracted. In the final part of the work, the considered scenarios are assessed and conclusions are drawn.For each enterprise, improving the financial and economic efficiency of its activities is one of the priority tasks. These tasks include the need to increase the return on capital, the choice of funding sources that have a positive effect on economic efficiency. This paper examines the ways of choosing the optimal, from the point of view of the impact on economic efficiency, instruments for financing an investment project. A practical case of project financing with an assessment of the effectiveness of the implementation of an investment project is considered. To analyze the alternatives, a financial business model was developed, which allows you to quickly make changes, update performance indicators and make decisions about the required capital structure. It is concluded that the optimal capital structure with the highest NPV indicator and that when assessing the efficiency parameters, it is necessary to make an adjustment for the possible presence in the company's capital structure of funding sources that distort the comparability of the project in relation to projects without such sources (for example, budget grants).

scholarly journals Assessment of the efficiency of the decisions made during implementation of the investment project in construction

2018 ◽  
Vol 193 ◽  
pp. 05002
Author(s):  
Irina Karakozova ◽  
Yulia Prochorova
Keyword(s):  
Investment Decision ◽  
Investment Project ◽  
Federal Budget ◽  
Key Factors ◽  
The Real Estate ◽  
Modern Cities ◽  
The Russian Federation ◽  
Definition Of ◽  
Capital Construction ◽  
The Mathematical Model

The imperfection of structure and the maintenance of stages of a predesign stage of implementation of the investment project creates some problems which pass into the subsequent stages of the reproduction cycle of a capital construction project, forming additional expenses of time, money and human resources. The authors pay the main attention to the stage of justification of investments (mainly to the means of the federal budget) as to the key element of decision making on the project implementation and also to the technical-and-economical justification of the project, which determines the further design and construction of the facility of the real estate. It is offered to use the system of indicators for the assessment of efficiency of the made decisions on the basis of uncontrollable and controlled factors. The mathematical model of the factors, the order of definition of the extent of their influence is offered. Scenarios of the choice of the investment decision on the basis of the established principles in the conditions of uncertainty are described. The authors point out, that during introduction of the offered mechanism it is necessary to adopt the relevant amendments to the legislative and regulations of the Russian Federation, that in turn involves the emergence of a temporary log. However, the planned results of the work of the modernized system will affect positively on the reduction of duration of the predesign stage without any loss of its qualitative characteristics. Thus, that might become one of the key factors of sustainable development of modern cities.

Research on Three-Dimensional Description and Measurement of Government Investment Project Risk

2010 ◽  
Vol 108-111 ◽  
pp. 741-746 ◽  
Author(s):  
Rong Gui Ding ◽  
Xing Zhi Liu ◽  
Hua Sun
Keyword(s):  
Investment Decision ◽  
Risk Function ◽  
Three Dimensional ◽  
Investment Project ◽  
Dimensional Structure ◽  
Government Investment ◽  
Size Of Government ◽  
Project Risk ◽  
Investment Projects ◽  
Investment Decision Making

With the increase in the size of government investment projects, an increasing number of uncertain factors are involved and the risks are increasingly complex, the project risks can accurately describe and measure the project will directly affect the investment decision-making and project management. To this end, respectively, analyze two-dimensional method and multi-dimensional method and Put forward a three-dimensional description method, describing project risk thoroughly from the probability, losses as well as manageability. On this basis the risk function is established, and finally an example is given. The results showed that three-dimensional structure not only take into account both qualitative and quantitative, at the same time taking into account the subjectivity and objectivity of risk, a more accurate reflection of the true face of government investment project risk.

scholarly journals Formation and implementation of the innovation strategy of industrial enterprises on the basis of the scenario approach.

2015 ◽  
Vol 2015 (3) ◽  
pp. 180-189
Author(s):  
Алла Горностаева ◽  
Alla Gornostaeva ◽  
Ирина Горностаева ◽  
Irina Gornostaeva
Keyword(s):  
Investment Project ◽  
Business Plan ◽  
Innovation Strategy ◽  
Solar Panels ◽  
Innovative Strategy ◽  
Industrial Enterprises ◽  
Energy Technologies ◽  
Scenario Method ◽  
Effective Organization ◽  
Scenario Approach

The investment problems of efficiency of investments in innovative energy technologies are discussed. The effectiveness of the innovative-investment project of the company for the installation and subsequent maintenance of solar panels is assessed. The innovative strategy for the effective organization of the installation and subsequent maintenance of solar panels with the influence on the activity of the enterprise environmental factors is developed. The business plan of the company for the installation and subsequent maintenance of solar panels is developed. During the formation of the innovation strategy the scenario method of planning is applied which is not use in the practice of Russian enterprises.

scholarly journals ASSESSMENT OF INVESTMENT PROJECTS TAKING INTO ACCOUNT THE ECOLOGIC FACTOR

2014 ◽  
pp. 94-98
Author(s):  
А. К. Borlakova
Keyword(s):  
Fuzzy Sets ◽  
Economic Efficiency ◽  
Investment Decision ◽  
Fuzzy Sets Theory ◽  
Environmental Friendliness ◽  
Investment Projects ◽  
Estimation Process ◽  
Sets Theory

The need to taking into account an environmental friendliness factor in the process of investment projects estimation is defined. The method of eco-economic estimation of the projects, which help to draw conclusions about the projects feasibility and to rank them according to the level of environmental and economic efficiency, is provided.To objective justification for the investment decision, the projects efficiency criteria is suggested to calculate with using the elements of the fuzzy sets theory, through which many uncertainties factors may be formalized and correctly considered in the estimation process.

scholarly journals Potential of digital solutions in the conditions of sustainable economic development of industrial enterprise: concept and performance indicators

2021 ◽  
Vol 296 ◽  
pp. 06033
Author(s):  
Alla Golovina ◽  
A. Peshkova
Keyword(s):  
Economic Development ◽  
Economic Efficiency ◽  
Performance Indicators ◽  
Digital Economy ◽  
Industrial Enterprise ◽  
Efficiency Evaluation ◽  
Economic Potential ◽  
Sustainable Economic Development ◽  
And Performance ◽  
Definition Of

As a result of the study the concept of economic potential of digital solutions of the industrial enterprise is developed; the definition of sustainable economic development of the company is clarified; a new indicator of economic efficiency evaluation of the development of digital solutions potential and digital economy is proposed.

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