scholarly journals METHODS OF EFFICIENCY EVALUATION OF THE FINANCIAL POLICY OF AVIATION ENTERPRISES

2020 ◽  
Author(s):  
Iryna Kreidych ◽  
◽  
Vahan Tovmasian ◽  
Keyword(s):  
Inventory Management ◽  
Methodological Approach ◽  
Financial Resources ◽  
Financial Policy ◽  
Total Efficiency ◽  
Financial Instruments ◽  
Methodical Approach ◽  
Promising Area ◽  
The Impact ◽  
Integrated Indicators

The article investigates the scientific and methodological approach to substantiation of the system of indicators for evaluating the financial policy of aviation enterprises. A methodical approach to determining the effectiveness of financial policy at the level of the criterion of “sustainability” according to the hierarchical model of integrated indicator formation is proposed. It is determined that the evaluation of the financial policy of the enterprise should be carried out on such groups of indicators as: indicators of financial policy for inventory management, financial policy for cash and cash equivalents, financial policy for receivables management, financial policy for equity regulation, indicators of financial policy on regulation of invested capital, indicators of financial policy on regulation of attracted capital, indicators of financial policy on optimization of distribution of financial resources on fixed assets and indicators of financial policy on optimization of distribution of financial resources on intangible assets. The methods of evaluating the effectiveness of the financial policy of the aviation enterprise based on the application of the hierarchy of objects of analysis, certain criteria, and the corresponding integrated indicators, which are aimed at determining the deviation of the total efficiency of regulatory and optimizing financial instruments, which will determine the level of improvement. It is determined that the developed methodical approach to evaluating the effectiveness of evaluating the financial policy of aviation enterprises will determine its status and adjust further actions, modernizing the system-forming elements of managerial and economic influence on the financial processes of enterprise development. An element of scientific novelty of this article is the substantiation of methods for assessing the effectiveness of the enterprise’s financial policy based on the hierarchical application of objects of analysis, certain criteria, and their corresponding integrated indicators, which are aimed at determining the deviation of the total efficiency of regulatory and optimizing financial instruments. A promising area of further research is the development of a mechanism for implementing the financial policy of aviation enterprises, as well as the justification of measures to prevent and neutralize the impact of crises on the effectiveness of financial policy of the enterprise.

scholarly journals Optimization of labor cost standards in IT companies

2020 ◽  
Vol 18 (1) ◽  
pp. 1-10
Author(s):  
Ivanna Pererva
Keyword(s):  
Methodological Approach ◽  
Labor Cost ◽  
Labor Standards ◽  
Financial Resources ◽  
Company Performance ◽  
Labor Intensity ◽  
Labor Costs ◽  
Software Products ◽  
Software Product ◽  
The Impact

The article systematizes and analyzes the list of resources for IT companies. A causality diagram between model variables by the software product complexity was built on the basis of dependencies between the time and the number of specialists involved in the development of software products, as well as company performance indicators. The nature of causal relationships between the model variables in terms of the software product labor intensity is presented. Using the VenSim simulation system, a simulation model for determining optimal labor standards for IT companies was built. The results of evaluating the adequacy of the model for determining optimal labor standards are presented. The optimal labor standards by labor intensity levels are determined, at which the efficiency of using the technical, technological, information, labor, and financial resources of the company increases and the profitability of activities for IT companies is maximized. A methodological approach has been presented, which outlines the cost standards of innovative labor of IT companies’ specialists. The developed approach is aimed at determining the time and number of an IT company specialists who, due to the impact on the efficiency of using information, technical, labor and financial resources, provide the necessary level of profitability of the IT companies’ activities. The advantages of the developed methodological approach to rationing labor costs in IT companies are presented.

scholarly journals Methodology Forming Strategies for Management of Commercial Resources of Trading Enterprises

2020 ◽  
Vol 8 ◽  
Keyword(s):  
Inventory Control ◽  
Inventory Management ◽  
Management Strategies ◽  
Strategy Formation ◽  
Methodical Approach ◽  
Efficiency And Effectiveness ◽  
Commercial Enterprise ◽  
Formation Efficiency ◽  
The Impact

The development of methodical approach to strategy formation of inventory management of trede enterprises. The aim of the paper is to develop a methodical approach to determining strategies for managing inventory on which may provide synchronization between the processes of formation of inventory and sales. Implementation of the proposed approach to study inventory management strategies will ensure synchronization between the processes of formation efficiency and effectiveness of inventory sales. Considered the impact of the most important factors, which we have identified, as forecast changing of population demand, quality inventory control and to determine the private areas within the overall strategy towards inventory management, describing the pursuit of optimization of inventory in the activities of commercial enterprise.

Discounts or happy money for efficient inventory management? A new trend on Romanian markets in changing the consumer behaviour

2018 ◽  
Vol 5 (2) ◽  
pp. 82-88 ◽  
Author(s):  
Raluca Giorgiana Chivu ◽  
Ivona Stoica ◽  
Gheorghe Orzan ◽  
Andra-Victoria Radu
Keyword(s):  
Inventory Management ◽  
Quantitative Research ◽  
Consumer Behaviour ◽  
Financial Resources ◽  
Shopping List ◽  
Final Remark ◽  
Consumer Habits ◽  
Buying Behaviour ◽  
The Impact ◽  
Initial Price

Consumer behaviour is one of the basic factors precisely analysed by major companies to identify the main requirements, needs, desires and trends in people’s consumption habits and to generate profit. Do these occur when consumers’ financial resources are limited and whether consumer habits are changing according to their financial availability? In this study, the impact of discounts on people’s buying behaviour, especially during the product’s expiration when it is sold with only 50% of the initial price was analysed. An online quantitative research was carried out with a sample of 160 respondents concluding that most of the consumers bought 50% less products even if they are not on their shopping list, most of the time there was only the illusion of an economy, not the saving itself. As a final remark, people are very sensitive when it comes to discounts changing the mindset of individuals who usually waste money for useless amounts of food and other products.Keywords: Happy money, discount, consumer behaviour, quantitative research.

scholarly journals ASSESSMENT OF FINANCIAL SECURITY MANAGEMENT OF INDUSTRIAL ENTERPRISES

2021 ◽  
Author(s):  
Stepan Melnyk
Keyword(s):  
Organizational Structure ◽  
Evaluation System ◽  
Methodological Approach ◽  
Security Management ◽  
Visual Presentation ◽  
Economic Security ◽  
Financial Security ◽  
Industrial Enterprises ◽  
Methodical Approach ◽  
The Impact

Increasing the instability of Ukrainian enterprises, which requires increasing attention to solving the problem of ensuring the required level of financial security requires consideration not only of methodological aspects of creating and adjusting the subsystem in the economic security of the enterprise, but also forming approaches to assessing its management. To develop a methodological approach to assessing the management of financial security of the enterprise used methods: induction and deduction, comparison and systematization – in the study of the essential characteristics of the terms "efficiency" and "effectiveness"; synthesis and analysis – to identify and characterize the essence of the main approaches to management evaluation; morphological analysis – to clarify the list of indicators and determine the sequence of calculation of group indicators; graphic – for visual presentation of theoretical and methodical material; abstract-logical – for theoretical generalizations and conclusions of the study. A methodical approach to assessing the management of financial security of the enterprise, which provides for the gradual definition of individual indicators with their combination into groups of three components: financial security of the enterprise, evaluating the effectiveness of security entities and evaluating the effectiveness of organizational structure and resources. The developed approach is based on theoretical bases, which include: criteria for assessing the financial security of the enterprise; provisions on the interaction of structural units in the process of ensuring the financial security of the enterprise; requirements for input information; principles of formation and use of the evaluation system of financial security management of the enterprise. The formed methodical approach promotes achievement of the key purposes of an estimation: a reliable estimation of management of financial safety of the enterprise as a whole and in a cut of the basic components; determining the impact of factors on the change in the level of financial security, the effectiveness of the actions of security entities and the effectiveness of the use of organizational structure and resources; improving the evaluation process in accordance with changes in the main stages of financial security management of the enterprise and the provisions for ensuring the economic security of the enterprise.

scholarly journals FINANCIAL MARKET OF UKRAINE - A MODERN LOOK AT THE ESSENCE OF THE CONCEPT

2019 ◽  
pp. 13-20
Author(s):  
I. Blahun
Keyword(s):  
Financial Market ◽  
Financial Institutions ◽  
Financial Services ◽  
Basic Function ◽  
Insurance Companies ◽  
Financial Resources ◽  
Financial Intermediaries ◽  
Financial Instruments ◽  
Investment Funds ◽  
The Impact

The article presents a modern view of understanding of "financial market" concept, as the development of financial technologies gradually influences the change of paradigm of its functioning, new financial institutions, institutions of market infrastructure, financial instruments are emerging, as well as the development of forms of alternative financing. On the base of the systematization, it is determined that the term "financial market" in the current scientific literature is considered from three positions, first as a mechanism of distribution of financial resources, secondly, as a system of economic relations, and thirdly as a set of markets and institutions. As a result of the research on the contrary to the popular opinion that the financial services market and the financial market are two separate markets, it has been substantiated that the financial services market is a part of the financial market, because financial instruments are formed through the provision of financial services. The financial market and the market of financial services have common subjects - financial intermediaries (banks, insurance companies, non-government pension funds, investment funds, etc.), but at the same time the objects of these two markets are different. Financial instruments are objects for financial markets, and services – for the market of financial services. Through the process of financial services providing, financial intermediaries ensure the fulfilment of the basic function of the financial market, which is the redistribution of financial resources in the economy, thereby creating financial assets, liabilities, etc., which is the basis for the formation of financial instruments. Taking into account of the impact of fintech on the development of the financial market, author's definition was presented in this work as a system of financial institutions (market subjects), which create the conditions for transactions with financial instruments of economic agents (market objects) using appropriate infrastructure and financial technologies. Transfer of flows of financial resources in the economy at national, subnational and global levels, adequate assess of financial risks and ability to absorb exogenous and endogenous shocks were determined as a purpose of the functioning of the financial market. Keywords: fintech, financial instruments, financial institutions, financial services market, financial system, financial services..

scholarly journals ОЦІНКА РИЗИКІВ ПРИ ФОРМУВАННІ ФІНАНСОВОЇ ПОЛІТИКИ АГРАРНИХ ПІДПРИЄМСТВ

2019 ◽  
pp. 48-55
Author(s):  
Л. А. Костирко ◽  
Т. В. Соломатіна
Keyword(s):  
Mathematical Modeling ◽  
Risk Factors ◽  
Risk Assessment ◽  
Simulation Modeling ◽  
Practical Significance ◽  
Financial Policy ◽  
Research Implementation ◽  
Agrarian Sector ◽  
Methodical Approach ◽  
The Impact

Formulation of the problem. Based on the research of the problems of the agrarian sector, the methodical approach to risk assessment in the development of financial policy of agrarian enterprises and the main measures to minimize risks are substantiated. The purpose of the article - is to develop and adapt scientific and methodological provisions on risk assessment in the formation of financial policy of agrarian enterprises. The object of the study is financial policy resource provision of agrarian enterprises. Methods used in the research: logical-meaningful, methods of scientific knowledge, induction, analysis, mathematical modeling. The hypothesis of research: the existence of a relationship between risk, financial policy and the performance of agrarian enterprises. The statement of basic materials: on the basis of approbation of the proposed methodical approach to the assessment of the risks of agrarian enterprises activity, indicators of planned marginal income are calculated taking into account losses from the risks of agrarian enterprises of the Lugansk region. Originality and practical significance of the research has the proposed scientific and methodical approach to the comprehensive assessment of the impact of risk on the efficiency of agrarian enterprises, the implementation of which allows identifying risks, to plan the probability of profitability of enterprises and to choose the financial policy. Conclusions of research: implementation of the proposed simulation modeling technique allows assessing the level of threats to the risk factors of agrarian enterprises, which are predictable, difficult to manage and develop measures to ensure the effectiveness of the implementation of financial policy.

scholarly journals METHODICAL APPROACH FOR ASSESSMENT OF THE INTERACTION OF HIGHER EDUCATION SYSTEM AND INFORMATION ECONOMY

2019 ◽  
pp. 31-41
Author(s):  
Antonina Djakona ◽  
Natalia Ivanivna Kholіavko ◽  
Dmytro Georhiiovych Savchuk
Keyword(s):  
Higher Education ◽  
Education System ◽  
National Economy ◽  
Information Technologies ◽  
Mutual Influence ◽  
Methodological Approach ◽  
Information Economy ◽  
Higher Education System ◽  
Methodical Approach ◽  
The Impact

Urgency of the research. The current tendency of the national economy development is the development of the information economy, characterized by the defining role of information and information technologies in the processes of production, exchange, distribution, consumption of public goods and the effective functioning of which are provided by sectors capable of generating knowledge, high quality scientific products and productive use of information resources. Target setting. The existence of mutual influence of higher education and information economy has been proved, which is manifested in the presence of correlation between the rates of development of this type of economic system and the development of partnership between business and universities, in particular in the fields of training and research. Actual scientific researches and issues analysis. The theoretical and methodological basis for the study are the works of D. Bell, Z. E. Toffler, Yu. S. Kristinevich, V. Kutsenko, I. Malik, R. Tolstyakova, L. Fedulova, A. Chukhna and others. Uninvestigated parts of general matters defining. Despite the high interest of scientists in the problems of development of the higher education system in the context of informatization of the national economy, the question of improving the methodological tools for assessing the components of the information economy and analyzing the impact of higher education on its development processes remain open. The research objective: development and testing of a comprehensive methodological approach to assessing the development of educational, innovative, research components of the information economy. The statement of basic materials. The article proposes and approves a methodical approach to assessing the development of the information economy in the threedimensional space of features grouped within the educational, research and innovation components. The structure of a complex integral indicator, the cluster analysis of Ukrainian regions was constructed. Conclusions. The measures of state regulatory impact, structured in accordance with the pace of development of the structural components of the information economy, are specified.

scholarly journals Financial planning and improving of its methods

2017 ◽  
Vol 1 (1) ◽  
pp. 39-47 ◽  
Author(s):  
Galyna Azarenkova ◽  
Tetyana Pasko ◽  
Olena Golovko ◽  
Yuliia Kovalchuk
Keyword(s):  
Financial Planning ◽  
External Environment ◽  
Profit Maximization ◽  
Financial Resources ◽  
Financial Instruments ◽  
Financial Forecasting ◽  
Endogenous Factors ◽  
Goods And Services ◽  
The One ◽  
The Impact

The paper investigates issues, concerning financial planning at the enterprise. Methods and models of financial forecasting are analyzed and their unification is proposed. The main problems of financial instruments using (such as financial planning) are described. Planning is important element of management, which ensures achievement of strategic priorities. Effective financial planning is essential tool of achieving of the main goals of the enterprise - profit maximization and cost of the enterprise. As market conditions in Ukrainian market of goods and services have its own specificity, which is defined, on the one hand, by means of analysis, formation and allocation of financial resources, and, on the other hand, the sources of reserves increasing, in order to implement the operating and investment activities to ensure their sustainable financial development. It should be noted that the formation of these processes has a significant impact on both objective and subjective factors, such as instability of tax policy and regulatory legislation for national currency, the impact of the global economic crisis, reducing the resources and available current assets etc. Thus, the increasing volatility of external environment requires managerial entities to speed decision-making and direct financial planning and forecasting, in order to reduce the impact of exogenous and endogenous factors on the financial activities of enterprises.

The methodological approach for the determination of the pressure of artificial raindrops as a question of the theory of splash soil erosion

2020 ◽  
pp. 24-28
Author(s):  
Mihail Zver'kov
Keyword(s):  
Block Diagram ◽  
Methodological Approach ◽  
Control Measures ◽  
Soil Conditions ◽  
Effective Pressure ◽  
Long Distance ◽  
Splash Erosion ◽  
Rain Drops ◽  
Artificial Rain ◽  
The Impact

To the article the results of the theoretical and experimental researches are given on questions of estimates of the dynamic rate effect of raindrop impact on soil. The aim of this work was to analyze the current methods to determine the rate of artificial rain pressure on the soil for the assessment of splash erosion. There are the developed author’s method for calculation the pressure of artificial rain on the soil and the assessment of splash erosion. The study aims to the justification of evaluation methods and the obtaining of quantitative characteristics, prevention and elimination of accelerated (anthropogenic) erosion, the creation and the realization of the required erosion control measures. The paper considers the question of determining the pressure of artificial rain on the soil. At the moment of raindrops impact, there is the tension in the soil, which is called vertical effective pressure. It is noted that the impact of rain drops in the soil there are stresses called vertical effective pressure. The equation for calculation of vertical effective pressure is proposed in this study using the known spectrum of raindrops. Effective pressure was 1.4 Pa for the artificial rain by sprinkler machine «Fregat» and 5.9 Pa for long distance sprinkler DD-30. The article deals with a block diagram of the sequence for determining the effective pressure of rain drops on the soil. This diagram was created by the author’s method of calculation of the effective pressure of rain drops on the soil. The need for an integrated approach to the description of the artificial rain impact on the soil is noted. Various parameters characterizing drop erosion are considered. There are data about the mass of splashed soil in the irrigation of various irrigation machinery and installations. For example, the rate (mass) of splashed soil was 0.28…0.78 t/ha under irrigation sprinkler apparatus RACO 4260–55/701C in the conditions of the Ryazan region. The method allows examining the environmental impact of sprinkler techniques for analyzes of the pressure, caused by raindrops, on the soil. It can also be useful in determining the irrigation rate before the runoff for different types of sprinkler equipment and soil conditions.

Specifics of creating an effective system of project financing of innovation and investment activities of dairy subcomplex enterprises

2020 ◽  
Vol 26 (9) ◽  
pp. 1951-1969
Author(s):  
S.A. Chernikova
Keyword(s):  
Financial Stability ◽  
Current Model ◽  
Methodological Approach ◽  
Information Support ◽  
Competitive Advantages ◽  
Project Financing ◽  
Financing System ◽  
Management Of Innovation ◽  
Effective System ◽  
The Impact

Subject. The article considers the need to study the financing of investment and innovation processes and creating an effective system of project financing. Objectives. The purpose is to search for new opportunities to enhance the competitive advantages of enterprises of the dairy subcomplex, to ensure their financial stability and steady position in specialized agricultural food-product markets. Methods. The study draws on the theoretical and methodological approach to the impact of project management of innovation and investment activities on improving the efficiency of the project financing system and financial stability of enterprises operating in the dairy subcomplex. Results. The findings show that four levels can be distinguished in the formation and improvement of the system of project financing and the management of innovation and investment activities, depending on the depth of transformation. The principle that provides the integration of the said system with the current model of management of the dairy subcomplex enterprise is defined as a driver. The paper offers a number of levels of the system transformation to gain competitive advantages. Conclusions. I present a mechanism for creating and improving the system of project financing and the management of innovation and investment activities, and a mechanism for interaction of the network of automated information systems, intended to make management decisions, with the automation of information support to innovative solutions.

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