Abstract
More and more innovation-oriented enterprises pay attention to standardization, but how much benefit standards can bring to the production and operation of enterprises is a matter of concern to managers. Therefore, it is of great significance to evaluate the impact of standards on the economic benefits of these enterprises. This paper takes S enterprise as an example to evaluate the impact of standards on its economic benefits.
Highlights
Standards economic benefit refers to the contribution of standards to economic value creation
The earnings before interest and tax (EBIT) indicator is used as a measure of value created
EBIT reflects the profitability of the enterprise's main business[2], and profitability is a comprehensive reflection of value drivers
Summary
Standards economic benefit refers to the contribution of standards to economic value creation. The earnings before interest and tax (EBIT) indicator is used as a measure of value created. The impact of a standard on EBIT is a key indicator to measure the economic benefits of a standard[1]. EBIT reflects the profitability of the enterprise's main business[2], and profitability is a comprehensive reflection of value drivers. Through the evaluation of the impact of value drivers, the impact of standards on EBIT is evaluated to reflect the economic benefits of standards. This paper uses value chain and analytic hierarchy process to reason the impact of standards on the profitability of enterprises, and uses fuzzy comprehensive evaluation method to solve the ambiguity and uncertainty of evaluation, and transforms qualitative evaluation into quantitative evaluation
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