Abstract
The scientific work reveals the theoretical, methodological and practical aspects of business management of the oil and gas industry enterprise "Boryslavnaftogaz". Business activity management is the impact on the business activity of the enterprise through the development of a set of measures aimed at expanding existing and conquering new markets; attracting new suppliers of raw materials and supplies; optimization of inventories; accelerating the turnover of assets and capital; elimination of the influence of internal and external factors that reduce the efficiency of resources used; contribute to the survival of the enterprise in a competitive environment, stimulate the development of production, promote sustainable economic growth – in order to maximize the company's profits. The analysis of the financial condition and financial activity of Boryslavnaftogaz oil and gas production department is carried out and the level and dynamics of indicators of business activity of the researched enterprise are analyzed. The main indicators of assessment of business activity of the enterprise (internal and external) are characterized. A SWOT-analysis of the financial and economic condition of the Boryslavnaftogaz oil and gas production department was conducted. Proposals for increasing the efficiency of the Boryslavnaftogaz oil and gas industry enterprise have been developed and substantiated. An in-depth analysis of the structure of receivables (causes and repayment) and accounts payable (search for sources of repayment). The economic results of design decisions are estimated.
Highlights
Modern market relations require businesses to increase production efficiency, competitiveness of products and services, efficiency of management and production management, which leads to the main goal – to obtain the maximum profit that can be achieved provided a stable financial condition
The following tasks were set: to analyze the financial condition and financial activities of the oil and gas production department of NGVU «Borislavnaftogaz»; to analyze the level and dynamics of business activity indicators of «Borislavnaftogaz» oil and gas production department; to conduct a SWOT-analysis of the financial and economic condition of NGVU «Borislavnaftogaz»; to develop and substantiate proposals to increase the efficiency of the oil and gas industry «Boryslavnaftogaz»
Indicator Absolute liquidity ratio Rapid liquidity ratio Current ratio Profitability indicators Return on capital, % Return on assets for approx. to opod. and interest payments, % Return on current assets, % Return on equity Profitability of production assets Profitability of sales Profitability of the main activity
Summary
Modern market relations require businesses to increase production efficiency, competitiveness of products and services, efficiency of management and production management, which leads to the main goal – to obtain the maximum profit that can be achieved provided a stable financial condition. Ukrainian oil and gas companies are not living in the best of times In such conditions, the topic of increasing the business activity of oil and gas companies is relevant. Evaluation and analysis of business activity management in the system of development of oil and gas production enterprise (on the example of NGVU «Borislavnaftogaz»). To achieve this goal, the following tasks were set: to analyze the financial condition and financial activities of the oil and gas production department of NGVU «Borislavnaftogaz»; to analyze the level and dynamics of business activity indicators of «Borislavnaftogaz» oil and gas production department; to conduct a SWOT-analysis of the financial and economic condition of NGVU «Borislavnaftogaz»; to develop and substantiate proposals to increase the efficiency of the oil and gas industry «Boryslavnaftogaz»
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