2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Analysis of the economic activity of an enterprise is a set or system of measures used to find strengths and weaknesses in the work of an organization of any kind. This totality of activities is aimed at a comprehensive study of all areas of the company's activity. Like any other economic category, the analysis of the economic activity of an enterprise implies the existence of a subject, goals and objectives of the study. The first point includes all financial and business processes that take place in the organization. This can also include their results and consequences, which one way or another will have an impact on the economic condition of the entire enterprise as a whole. At the same time, all the phenomena that take place in the company's activities are caused by certain factors, which are also the subject of this sector of the economy.
The main goal pursued by a set of measures called "analysis of economic activityenterprise "is to find reserves for the possibility of increasing the economic efficiency of all structural divisions of the organization. With its help, you can improve and stabilize its financial condition. It is worth noting that there may also be other equally important aspirations. However, each of them follows from the main and main purpose and appears during a specific study or test.
Analysis of the financial and economic activities of the organization includes a system of activities that solves numerous problems. Let's take a closer look at them
1. Since any economic process is based on a database of financial data, the main issue is the use of verified and accurate figures, the reliability of which will not cause any doubt. It is with the aim of confirming the reality of indicators taken from statistical reports and business plans that the analysis is carried out.
2. The second task is an objective assessment of the organization's conduct of its business activities. This process takes into account a huge number of parameters: compliance of the actual data with the established forecast values, dynamics and the process of modifying the dominant economic indicators (product cost, return on capital, sales, production, net and operating profit, and others);3. An analysis of the economic activity of an enterprise provides for actions for a systematic qualitative and quantitative analysis of a combination of factors thatin one way or another affect the activity of the entire organization. At the same time, establishing the nature of their origin, the connections between them and building a model of their interaction is a qualitative analysis, and determining the size of the influence of a particular factor on an indicator selected for study is quantitative.
4. Finding all kinds of reserves that will help increase the economic efficiency of the organization and improve the financial condition of the company;
5. Development and implementation of the most optimal management solutions for working with identified reserves.
6. Drawing up forecasts for the company's activities, taking into account the analysis and recommendations made. Analysis and diagnostics of the financial and economic activities of an enterprise is a process that will allow you to find a way out of many difficult situations, determine the most priority areas and ways of business development and cut off the most unprofitable of them.
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