scholarly journals METHODOLOGY FOR ANALYSIS OF THE FINANCIAL CONDITION OF AGRICULTURAL ENTERPRISES AND WAYS OF ITS ENHANCEMENT

2021 ◽  
Vol 2 (3) ◽  
pp. 104-117
Author(s):  
Olena Tomchuk
Keyword(s):  
Management Practice ◽  
Management Decision ◽  
Mathematical Methods ◽  
Agricultural Enterprises ◽  
Financial Condition ◽  
Study Results ◽  
Management Decision Making ◽  
Theoretical Generalization ◽  
High Level ◽  
The Impact

The purpose of the article is to form the main directions of improving the financial condition of the business entity in modern conditions. Methodology. Methods of theoretical generalization and concretization, Internet resources have been used in this study. Results. Groups of users of information concerning the financial condition of the enterprise are selected. The first group includes creditors, investors, competitors, regulators, and other users, and the second – the company's management, economic and other interested internal services, shareholders, etc. For each of these users, certain selected metrics are important. A technique for determining the significance of indicators for a particular group of users, which involves the use of economic and mathematical methods and models, is developed. In order to make certain management decisions, the analysis should be carried out according to the indicators required by the management and, accordingly, will be implemented in the management practice of Khmilnytske LLC. The sequence of assessment of the financial condition by economic and mathematical methods is determined. Having chosen the direction of research of indicators and having carried out their corresponding calculations, it is possible to carry out the analysis of factors of influence on the financial position of the investigated business entity and to calculate reserves of its improvement. To do this, it is advisable to use the procedures of correlation and regression analysis. The content of these procedures is to determine the impact on the financial condition of each of the elements of the formulas of coefficients or other indicators. A set of factors influencing the formation of economic strategy of agricultural enterprises is divided into two groups, namely exogenous and endogenous. The leading system ensuring the enterprise solvency has been developed. Software for the financial condition analysis at the enterprise is proved. Practical implications. The developed system takes into account the available initial data (financial statements and software) and significantly reduces the cost of working time for analysis, which speeds up the management decision-making process and allows you to respond quickly to changes in asset structure to improve efficiency and improve business subject efficiency. Value/originality. The developed model of the analysis of a financial condition with the use of economic and mathematical methods which is sufficiently adapted for automation will provide, provided its introduction in analytical practice, a high level of optimality of operative administrative decisions, and also will increase the efficiency of agricultural enterprises.

scholarly journals COMBINED EFFECTS OF THE LIVING ENVIRONMENT ON THE WELL-BEING OF THE CITY POPULATION

2021 ◽  
Vol 11 (3) ◽  
pp. 128-137
Author(s):  
Alexandra Alekseevna KORMINA
Keyword(s):  
Well Being ◽  
Living Environment ◽  
Management Decision ◽  
Residential Areas ◽  
City Population ◽  
Management Decision Making ◽  
High Level ◽  
The Impact ◽  
The City

The method of assessing the impact of factors of diff erent nature on the components of the city’s living environment that determine favorable living conditions and the well-being of the population is considered. It is statistically established that the variety of factors should be taken into account when assessing and normalizing the combination of multifactorial impacts on demographic and social processes occurring in the urban environment. Combinations of the most signifi cant interacting factors and statistical models based on them can be taken into account when predicting the level of morbidity, the dynamics of migration processes, the family well-being of the population, and others. The developed models and assessment methodology can serve as a tool to support management decision-making to ensure a high level of quality of life of the population and urban development of residential areas.

An approach to neural network analysis of text information in the economic assessment of companies

2021 ◽  
Vol 20 (8) ◽  
pp. 1574-1594
Author(s):  
Aleksandr R. NEVREDINOV
Keyword(s):  
Natural Language Processing ◽  
Natural Language ◽  
Language Processing ◽  
Text Analysis ◽  
Economic Assessment ◽  
Management Decision ◽  
Textual Information ◽  
Financial Condition ◽  
Analysis And Synthesis ◽  
Management Decision Making

Subject. When evaluating enterprises, maximum accuracy and comprehensiveness of analysis are important, although the use of various indicators of organization’s financial condition and external factors provide a sufficiently high accuracy of forecasting. Many researchers are increasingly focusing on the natural language processing to analyze various text sources. This subject is extremely relevant against the needs of companies to quickly and extensively analyze their activities. Objectives. The study aims at exploring the natural language processing methods and sources of textual information about companies that can be used in the analysis, and developing an approach to the analysis of textual information. Methods. The study draws on methods of analysis and synthesis, systematization, formalization, comparative analysis, theoretical and methodological provisions contained in domestic and foreign scientific works on text analysis, including for purposes of company evaluation. Results. I offer and test an approach to using non-numeric indicators for company analysis. The paper presents a unique model, which is created on the basis of existing developments that have shown their effectiveness. I also substantiate the use of this approach to analyze a company’s condition and to include the analysis results in models for overall assessment of the state of companies. Conclusions. The findings improve scientific and practical understanding of techniques for the analysis of companies, the ways of applying text analysis, using machine learning. They can be used to support management decision-making to automate the analysis of their own and other companies in the market, with which they interact.

scholarly journals Preliminary High-Level Modelling Estimates of Impacts of Denicotinisation on Smoking Prevalence in Aotearoa New Zealand

2021 ◽  
Author(s):  
Nick Wilson ◽  
Janet Hoek ◽  
Nhung Nghiem ◽  
Jennifer Summers ◽  
Leah Grout ◽  
...  
Keyword(s):  
New Zealand ◽  
Mass Media ◽  
Smoking Prevalence ◽  
Expert Knowledge ◽  
Adult Population ◽  
Base Case ◽  
Aotearoa New Zealand ◽  
Study Results ◽  
High Level ◽  
The Impact

ABSTRACTAimTo provide preliminary high-level modelling estimates of the impact of denicotinisation of tobacco on changes in smoking prevalence in Aotearoa New Zealand (NZ).MethodsAn Excel spreadsheet was populated with smoking/vaping prevalence data from the NZ Health Survey and business-as-usual trends projected. Using various parameters from the literature (NZ trial data, NZ EASE-ITC Study results), we modelled the impact of denicotinisation of tobacco (with no other tobacco permitted for sale) out to 2025, the year of this country’s Smokefree Goal. Scenario 1 used estimates from a published expert knowledge elicitation process, and Scenario 2 considered the addition of extra mass media campaign and quitline support to the base case.ResultsWith the denicotinisation intervention, adult daily smoking prevalences were all estimated to decline to under 5% in 2025 for non-Māori and in one scenario for Māori (Indigenous population) (2.5% in Scenario 1). However, prevalence did not fall below five percent in the base case for Māori (7.7%) or with Scenario 2 (5.2%). In the base case, vaping was estimated to increase to 7.9% in the adult population in 2025, and up to 10.7% in one scenario (Scenario 1).ConclusionsThis preliminary, high-level modelling suggests a mandated denicotinisation policy for could provide a realistic chance of achieving the NZ Government’s Smokefree 2025 Goal. The probability of success would further increase if supplemented with other interventions such as mass media campaigns with Quitline support (especially if targeted for a predominantly Māori audience). Nevertheless, there is much uncertainty with these preliminary high-level results and more sophisticated modelling is highly desirable.

scholarly journals Factors Affecting Management Accounting Practices in Malaysia

2017 ◽  
Vol 12 (10) ◽  
pp. 177 ◽  
Author(s):  
Sudhashini Nair ◽  
Yee Soon Nian
Keyword(s):  
Production Technology ◽  
Management Accounting ◽  
Market Competition ◽  
Management Decision ◽  
Organization Size ◽  
Factors Affecting ◽  
Management Decision Making ◽  
Advanced Production ◽  
The Impact ◽  
Affect Management

Management accounting is the process of preparing management reports and accounts that provide accurate and timely, financial and statistical information to assist in management decision making. It is also known as the process of identifying, measuring, accumulating, analyzing, preparing, interpreting and communicating information to help managers fulfill the organization’s objectives. Management accounting practices are used by organizational managers at various levels and at the same time, it gives managers the freedom of choice as there are no constraints, other than the cost of information collected relative to benefits of improved management decisions. Studies have found that there are factors that may affect management accounting practices. Literature has indicated that factors such as--organization size, intensity of market competition, level of qualification of accounting staff and advanced production technology--may affect management accounting practices. The objective of this research is to study the impact of these factors on management accounting practices in Malaysia. A total of 200 respondents from Klang Valley, Malaysia were involved in the survey using purposive sampling. The results of the study revealed that organization size and advanced production technology have significant relationships with management accounting practices.

Towards a manager's model for e-business strategy decisions

2005 ◽  
Vol 30 (4) ◽  
pp. 73-90 ◽  
Author(s):  
Bruce Perrott
Keyword(s):  
Decision Making ◽  
Business Strategy ◽  
Business Community ◽  
Management Decision ◽  
Electronic Business ◽  
Business Networks ◽  
Evolutionary Path ◽  
Efficiency And Effectiveness ◽  
Management Decision Making ◽  
High Level

There is a high level of interest and debate among academics and the business community regarding the future of electronic business. In recent times there has been considerable disillusionment with the losses and negative returns associated with many e-business investments. However, the move towards e-business enablement seems inevitable for reasons of efficiency and effectiveness. Developments in e-business should be of considerable interest to marketing strategists, as they impact on business networks and affect the nature of relationships between organisations and between an organisation and its customers. Business and marketing strategists would benefit from a better understanding of the incentives and inhibitors accruing at each stage of the evolutionary path to an e-business enabled future. Based on recent research, this paper proposes the use of two frameworks that may be used to stimulate management discussion, aid management decision-making and plan progressive moves into e-business.

Loyalty card adoption in SME retailers: the impact upon marketing management

2015 ◽  
Vol 49 (3/4) ◽  
pp. 467-490 ◽  
Author(s):  
Karise Hutchinson ◽  
Lisa Victoria Donnell ◽  
Audrey Gilmore ◽  
Andrea Reid
Keyword(s):  
Decision Making ◽  
Current Knowledge ◽  
Marketing Management ◽  
Management Decision ◽  
Adoption Process ◽  
Longitudinal Case Study ◽  
Content Type ◽  
Management Decision Making ◽  
The Impact ◽  
Loyalty Card

Purpose – The purpose of this paper is to understand how small to medium-sized enterprise (SME) retailers adopt and implement a loyalty card programme as a marketing management decision-making tool. Design/methodology/approach – A qualitative and longitudinal case study research design is adopted. Data were collected from multiple sources, incorporating semi-structured interviews and analysis of company documents and observation within a retail SME. Findings – The findings presented focus on the loyalty card adoption process to reflect both the organisational issues and impact upon marketing management decision-making. Research limitations/implications – This research is restricted to one region within the UK, investigating loyalty card adoption within a specific industry sector. Practical implications – SME retailers operate in an industry environment whereby there is a competitive demand for loyalty card programmes. SME retailers need to carefully consider how to match the firm’s characteristics with customer relationship management (CRM) operational requirements as highlighted in this case. Originality/value – The evidence presented extends current knowledge of retail loyalty card programmes beyond the context of large organisations to encompass SMEs. The study also illustrates the value of a structured, formal CRM system to help SME retailers compete in a complex, competitive and omni-channel marketplace, adding new insights into the retail literature.

The impact of financial safety act and corporate governance on the level of financial disclosure

2016 ◽  
Vol 58 (6) ◽  
pp. 618-633 ◽  
Author(s):  
Ali Ahmadi ◽  
Abdelfettah Bouri
Keyword(s):  
Corporate Governance ◽  
Design Methodology ◽  
Stock Exchange ◽  
Financial Disclosure ◽  
Content Type ◽  
Study Results ◽  
Before And After ◽  
The Subject ◽  
High Level ◽  
The Impact

Purpose This research paper aims to identify and measure the contribution of the financial safety act (FSA) regulation in improving the level of financial disclosure of listed Tunisian firms. To answer the problems of the subject, the authors tried to hold accountable several determinants of the level of financial disclosure relating to the particular characteristics of the firm, and the adoption of the recommendations envisaged by the FSA, as likely to have an impact on the level of financial disclosure of Tunisian firms. Design/methodology/approach With a sample composed by 20 companies during the period from 2003 to 2010 (160 observations), the contribution of the FSA regulation in improving the level of financial disclosure of listed Tunisian firms was identified and measured. After that, the levels of financial disclosure before and after the FSA were compared. Findings The study results confirm the positive and significant effect of the FSA on the level of financial disclosure. This impact seems to appear through the improvement of the disclosure level during the years which follow the adoption of the new regulation. The results of this study also show that firms with a high level of financial disclosure are those which have an independent board of directors, auditor BIG and joint audit. Originality/value This paper is devoted to evaluate the impact of the FSA n°2005-96 and corporate governance on the level of financial disclosure. The empirical study relates to a sample of 20 firms listed on the Tunis Stock Exchange observed over the period 2003-2010.

scholarly journals Control and cost analysis in the process of management decision making for the commodities assortment

2018 ◽  
Vol 16 (2) ◽  
pp. 209-219
Author(s):  
Vladimir Osipov
Keyword(s):  
Cost Analysis ◽  
Integrated Management ◽  
Load Capacity ◽  
Resource Consumption ◽  
Information Support ◽  
Management Decision ◽  
Limiting Factor ◽  
Successful Solution ◽  
Management Decision Making ◽  
The Impact

The relevance of this work is determined by the further development of the management system and its information support that improve the economic entity’s activity and increase the competitiveness. The goal of this research is to develop a method for the most optimal commodities assortment formation, which makes it possible to increase the efficiency of the enterprise in the existing production conditions. Previously applied methods were oriented only to one of the methods of determining the commodities assortment, which prevented managers from choosing the most optimal option. The method of the optimal commodities assortment formation was proposed for the first time in this article while comparing the methods of its determination on products profitability and the limiting factor. The object of research is resource consumption in relation to certain commodities assortment manufactured by the enterprise operating in the measuring devices production sector. The article is focused on the methods of the integrated management cost analysis aimed at implementing the concept of the most complete and timely information support for the resource consumption control and regulation. General scientific and special research methods are used for the purpose of its implementation. The use of special methods of economic analysis made it possible to develop the economic model of costs estimation in the process of the most optimal commodities assortment formation.Conclusions and results of the research show that the efficiency of the industrial enterprise largely depends on rational resource consumption. The successful solution of this task largely depends on the correct commodities assortment formation. In view of this, methods for determining the commodities assortment based on the analysis of its profitability and assessing the impact of the limiting factor, taking into account the full load capacity, are proposed to be used.

scholarly journals FORECAST OF USING NEURAL NETWORKS IN THE TOURISM SECTOR

2017 ◽  
Vol 5 ◽  
pp. 218-223
Author(s):  
Miroslav Karahuta ◽  
Peter Gallo ◽  
Daniela Matušíková ◽  
Anna Ĺ enková ◽  
Kristína Šambronská
Keyword(s):  
Neural Networks ◽  
Point Of View ◽  
Management Decision ◽  
Hotel Management ◽  
Financial Health ◽  
Tourism Sector ◽  
Depth Analysis ◽  
Scientific Principles ◽  
Management Decision Making ◽  
High Level

The paper addresses the issue of management decision-making using artificial neural networks and their application in hotel management. Today, the development of tourism is of great importance and plays a very important role in the development of national economy. Balanced ranking and prediction model using financial and non-financial indicators with the application of artificial intelligence, allows us to reach a high level of effectivity and accuracy in evaluation of the financial and non-financial health of companies operating in this segment. This approach improves the manager’s ability to understand complex contexts and make better decisions for further development. It also brings new managerial and scientific point of view of an in-depth analysis of the performance of these facilities. It can help the development of tourism in terms of the application of modern management techniques built on scientific principles and thereby better integrate science and practice.

scholarly journals Trends and stages of development of marketing approaches in the management of agricultural production

2019 ◽  
Author(s):  
Olga G. Chirva ◽  
Maksym.V. Boyko
Keyword(s):  
Production Management ◽  
Economic Security ◽  
The State ◽  
Industrial Complex ◽  
Product Policy ◽  
Agricultural Enterprises ◽  
Marketing Policy ◽  
Study Results ◽  
Marketing Activities ◽  
The Impact

The aim of the study. The purpose of the article is to analyze the current state and trends in the marketing activities of enterprises of the agro-industrial complex of Ukraine. Methodology. In the study of the state and trends of marketing activities of agricultural enterprises of Ukraine used a graphical method and systematic analysis; in the study of the impact of threats on the state of marketing activities of agricultural enterprises in Ukraine - the causal method and the method of scientific generalization - in forming the conclusions of the study. Results. Theoretical aspects of the conditions for the formation of marketing policy of agricultural enterprises are analyzed, we consider it appropriate to summarize the results in accordance with the constituent elements of marketing product policy. It is established that such components of marketing product policy are the development of a new product or economically justified improvement of existing ones; maintenance of goods (transportation, service, storage); withdrawal of goods from production, diversification, elimination. According to the results of the research, the tendencies of development of marketing approaches in production management of agricultural enterprises are analyzed. In the context of marketing policy analysis, a preliminary definition of the content of specific categories that are closely related to agricultural policy is identified.  The practical significance of the study is that the main conclusions and suggestions can be used by domestic enterprises to form an effective management system for marketing activities of agricultural enterprises. Prospects for further research. It is determined that in the long run for agricultural enterprises in developing marketing policy as a tool for economic security and for making sound management decisions and in the interests of consumers of agricultural products in the region it is necessary to form strategic and tactical goals based on the proposed tools.

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