Analysis Of Business Activity Research Articles

APPROACHES TO ASSESSING THE IMPACT OF TURNOVER ON THE FINANCIAL POSITION OF THE ORGANIZATION

Analysis of business activity is one of the most important areas of comprehensive analysis of a company's activities. In the economic literature, the category of turnover is often identified with the business activity of an organization. However, in our opinion, business activity is a broader concept, and turnover is the most important component of an organization’s business activity. The article examines the economic content of the categories “business activity” and “turnover,” as well as approaches to assessing the impact of turnover on the financial position of an organization.

SIEMES DIGITAL TRANSFORMATION CASE STUDY TOWARDS ORGANIZATIONAL SCALE AND SUCCESS IN ELECTRICAL ENGINEERING INDUSTRY”

This study investigates a range of scaling strategies for electrical engineering firms, with a focus on various crucial aspects such as internal innovation, strategic regional expansion, geographical proximity, and collaborative partnerships. Internal innovation is highlighted as a key driver of growth, as it allows firms to develop new technologies and processes that can differentiate them from competitors. Strategic regional expansion is discussed as a means to tap into new markets and leverage local opportunities, while geographical proximity is examined for its impact on operational efficiency and customer relationships. Collaborative partnerships are also emphasized for their role in enhancing capabilities and driving mutual benefits. The case study of Siemens AG serves as a prominent example, showcasing how digital technologies like the Internet of Things (IoT), artificial intelligence (AI), and cloud computing have significantly transformed their approach to scaling. Siemens AG's experience underscores how these technologies can support internal innovation, streamline regional expansion efforts, overcome geographical barriers, and foster effective collaborations. The article proposes a detailed framework in which digital transformation is central to driving these strategies. It argues that digital technologies are not just enablers but essential components that fuel innovation across various domains. Additionally, digital transformation is posited as a critical factor in facilitating smoother and more effective expansion into new regions, bridging geographical gaps that can otherwise impede growth, and enhancing collaborative efforts both within and outside the organization. By integrating these elements, businesses can achieve sustainable growth and maintain a competitive edge in an ever-evolving and challenging market landscape.is considered near the evaluation of efficiency of management an enterprise. Evaluation technology is realized on the basis of comparison of financial indexes, in particular to the analysis of indexes of profitability and analysis of business activity

ANALYSIS OF RISKS IN THE FINANCIAL SECURITY MANAGEMENT SYSTEM OF BUSINESS ENTITIES

Financial and economic activity is exposed to numerous systemic risks, which are a threat to the financial security of enterprises. The criterion for ensuring financial security is the appropriate level of the company's financial condition. The financial condition of the enterprise is a complex concept and is characterized by the system of indicators – financial coefficients: indicators of liquidity, financial stability, business activity, and management efficiency. The interrelationship and mutual determination between the indicators that cause the occurrence of risk when one of them changes is established.A range of factors that comprehensively characterize the financial and economic activity of the enterprise has been determined and developed risk analysis and assessment methodology, which includes the following stages: preparatory stage; construction of an algorithm for quantitative assessment of risk in the financial security system; interpretation of the results of an integrated risk assessment in the financial security system; determining the priorities of risk management in the system. The methods of financial analysis (horizontal, vertical, coefficient, analysis of business activity and financial stability) were applied and a quantitative assessment of risks was carried out. The indicators-coefficients of the enterprise's functioning are calculated and given an interpretation.The conclusion was formed that the construction of an effective risk management system and its universal functional component of risk analysis are current issues, as they allow to develop a set of measures to minimize threats and risks of conducting financial and economic activities of economic entities. Therefore, the correct assessment of risk with the help of the proposed methods and models of financial analysis for individual economic situations and business entities is effective and has value, as it gives the opportunity to make the optimal decision in specific situations and characterizes the criterion feature of financial security of industrial enterprises – liquidity, financial stability, business activity, profitability.

CLASSIFICATION OF EDUCATIONAL INSTITUTION MANAGEMENT TECHNOLOGIES

In this article, based on system analysis, classification and systematization methods, we offer classification of technologies of managing educational institutions on the basis of five groups of functional processes, inherent to every organization, such as: production; marketing; finance; human resources (HR) management; accounting and analysis of business activities. It is noted that classification of technologies of managing the educational institutions should take into account the current state, conditions and processes occurring in external environment and affect the functioning of the internal environment of the educational institution. Every technology of managing the educational institution included into classification, has been characterized: functional processes of production and their management (strategic planning, scenario planning, balanced scorecard of D. Norton and R. Kaplan (BSC), process oriented management, outsourcing, business engineering/ engineering, reengineering); marketing management (educational marketing, market segmentation, client relationships management system (CRM), brand-strategy, «public relations» technologies, benchmarking); financial management (budgeting, benchmarking, financial control, balanced scorecard of D. Norton and R. Kaplan (BSC), fund rising); human resource (HR) management (knowledge management, couching); management of accounting and analysis of business activities (budgeting, key competences); it also takes into account technologies for management of inter-organizational processes that permeate all groups of technologies listed in the classification, such as innovative, informational and SMART-technologies.

State, problems and factors inhibiting the development of business activity in Ukraine

An analysis of business activity and innovation in the business environment among different countries of the world shows that there is a direct relationship between the development of the business environment and the availability of appropriate infrastructure, the quality of government regulation, and the availability of a wide range of relevant financial and investment instruments. At the same time, the conditions for the functioning of business structures and the socio-economic sphere of Ukraine in 2022, under the influence of Russia’s full-scale military aggression, have become significantly more complicated. The lack of safe working conditions for investors and businessmen during the war makes it impossible to restart the economy, introducing even the most progressive legislation and EU standards on a transparent, anti-corruption basis. To restore and win the war, Ukraine needs to use effective tools to activate domestic business structures.

Оценка состояния строительного комплекса Республики Коми

Diagnostics of the state of the construction complex of the Komi Republic for 2016-2020 has been carried out in the work. The relevance of the study of the construction industry is explained by its importance for the development of the economy, namely, the satisfaction of the investment demand of other industries, and as a part of the implementation of the necessary infrastructure projects and projects in the housing sector. The index method, comparative method, correlation and regression analyses are applied. The results of construction activity are covered in detail. The analysis of business activity, financial condition, material and technical base, employment and wages in construction organizations is given. The level and dynamics of prices for construction products are presented. It has been determined that, despite the difficult financial and economic conditions of management, the construction complex of the region is "afloat" and in the future has every opportunity for overcoming the crisis and for subsequent dynamic development.

Assessment of business activity and ways to increase it, on the example of an agro-industrial complex enterprise

One of the most important factors in the formation of an effectively functioning market of agricultural products is the business activity of market players. High competition in the market of agricultural products forces producers to clearly formulate their tasks and the necessary resources for their implementation. The article gives an assessment of the business activity of the agro-industrial complex enterprise. It is established that insufficient effective use of fixed and working capital, as well as insufficient effective personnel management. It is possible to recognize the business activity of an agro-industrial complex enterprise and profitability as satisfactory but having a negative trend. To increase the business activity of the enterprise in question, calculations of profitability and business activity indicators were performed. Based on the analysis of business activity and profitability, the company’s management has been given appropriate recommendations to improve the efficiency of management.

Applying Network Reliability in Business Management Activities

A new application of network reliability is proposed to help analyze a business process performance in usual business activities. This research is to construct an easy, formal and mathematical tool to probe the health of daily-run business activities. A business activity consists of a series of value-added tasks, which are carried out by their related attenders, to meet business objectives. Traditional management behaviors include practices and skills to sustain the plan, sanction, management, and analysis of business activities. However, the assessment of activity performance remains a weak gap in analytic requirements. The approach proposed in this paper is one of the expected tools to fill the gaps in traditional management practices. The paper is to provide managers several new visions of modeling and analysis, which are not easily derived by traditional management practices. A distributor process with several scenarios to explain the approach are explored, and discussed.

ВИБІР ОПТИМАЛЬНОГО МЕТОДИЧНОГО ПІДХОДУ ВИЗНАЧЕННЯ ВАРТОСТІ ПІДПРИЄМСТВ СПИРТОВОЇ ГАЛУЗІ З ПОЗИЦІЇ ДІЛОВОЇ АКТИВНОСТІ

Business activity is aimed at increasing the market value of the object of evaluation. It helps to increase competitiveness, increase production and sales, which determines the relevance of the study in terms of privatization of enterprises in the alcohol industry. The purpose of the research is to determine the relationship between business activity indicators and methodological approaches to determine the value of alcohol companies, choosing the optimal approach in terms of reforming the alcohol industry, analysis of the privatization process in the field of “Ukrspirt” in 2020. The essence of business activity in broad and narrow meanings is defined. The analysis of business activity on the basis of coefficients and the rule of the economy of the enterprise on the example of financial statements of SE “Ukrspirt” are carried out. Conclusions on resource efficiency in 2018–2020 were made. Factors influencing the financial results of SE “Ukrspirt” in 2020 were identified: production of raw materials for domestic producers of antiseptics, demonopolization of the industry, privatization of state-owned enterprises. A short description of the income, market and cost approaches to determining the value of the enterprise is carried out. The influence of indicators of business activity on the choice of the approach of estimation of the enterprises of alcoholic branch is defined. It is substantiated that the optimal approach to determining the value of alcoholic enterprises subject to privatization is the cost approach, because it ignores the value of income, does not depend on the profitability of the object, is used to assess material-intensive enterprises, based on the balance value of property. It was established that the value of assets increased 2,5 times due to valuation of all fixed assets of SE “Ukrspirt”, commissioning of certain fixed assets that were not previously used. It is substantiated that the initial (starting) prices of privatization objects were formed at the level of book values. An analysis of the privatization process in the field of SE “Ukrspirt” is carried out: in the III quarter of 2020 were sold the first 18 PA (place of activity and storage of alcohol), in 2021 will put up for sale objects that have recently carried out production activities. Revenues to the state budget as a result of the reform of the alcohol industry have been estimated.

Applied mathematics as a tool for studying the efficiency of an enterprise

This article discusses the application of applied mathematics in the study of the effectiveness of the enterprise of small forms of entrepreneurship individual entrepreneur Glukhikh L. P. The authors have identified the factors that most significantly affect the result of the enterprise-profit. Regression equations of the dependence of the company’s profit on various factors are compiled. The research methods used were business activity analysis, correlation and regression analysis, research on cyclicity and on the presence of a trend in a time series. The greatest attention should be paid to increasing the cost of sales, since an increase in the cost of sales by 1 ruble entails an increase in profit by 0.92 rubles. The study of the dependence of the company’s profit on time (24 months) showed that the profit changes randomly, there is no clear trend to decrease or increase it. In addition, no different cyclical fluctuations were detected. The analysis of business activity showed that the company is heading for its development.

Issues of development of the analysis of business activity in joint-stock companies of uzbekistan

Issues of development of the analysis of business activity in joint-stock companies of uzbekistan

Foreign European Countries: Development of the Service Sector according to the Composite Purchasing Managers’ Index

Introduction. Foreign European countries, dominating in the modern world economy, show signs of heterogeneity of development, especially in the tertiary sector of the economy. The purpose of the study is to perform a systematic and structural analysis of the development of the countries according to the Purchasing Managers’ Index in the service sector and to identify factors affecting the changes in this index. Materials and Methods. Statistical data from open sources were used as materials. The study employed such methods as the systemic and structural analysis (understanding the Index and its composite nature, the typology of foreign European countries), the spatial analysis of business activity in the service sector (differentiation of countries), and the structural and functional approach (factors that influence the changes in the Purchasing Managers’ Index). Results. The Purchasing Managers’ Index in the service sector has been analyzed. The methodology for calculation of the Index has been described; its strengths and weaknesses, as well as its impact on the economy have been assessed. A typology of foreign European countries has been created according to the leading macroeconomic indicator – the composite Purchasing Managers’ Index. This made it possible to draw a parallel with the socio-economic development of the countries of the studied region in terms of the ‘center-periphery’ model. The internal and external factors in the development of business activities in the service sector of national economies have been identified. Discussion and Conclusion. The development of the service sector has been studied at the level of foreign European countries. The composite Purchasing Managers’ Index has been considered as an indicator of the development over time. The authors have been able to expose the issues of studying the tertiary sector of the economy as one of the relevant areas of macro-regional research. The territorial differentiation of the countries according to their business activity in the service sector has been revealed, which can be used in projected estimates in the field of management and implementation of regional policies. The proposed approach to the study of the service sector can be applied at country and regional levels.

Деловая активность организации как направление анализа

The essence and importance of business activity of the enterprise are considered in the article. A distinction was made between the concepts of business activity and the market activity of an enterprise. Th e author’s opinions on the indicators of the business activity of the enterprise are reviewed and various approaches to assessing the business activity of organizations are considered. Th e indexes of business activity of world fi nancial leaders are considered. The generalization of theoretical positions on the analysis of business activity of the enterprise is carried out.

Study of the Management of Records and Archives in Private Organizations Based on an Analysis of Business Activities

Study of the Management of Records and Archives in Private Organizations Based on an Analysis of Business Activities

Development of Business Activities in the AgriculturalMachinery Market through Implementation of Cluster Initiatives

The authors substantiate the necessity for implementation of cluster initiatives for development of business activities in the agricultural machinery market. A starting point of the research is analysis of necessity for development of small business in developing countries, while in developed countries it plays a very important role in provision of economic growth. The authors suggest a hypothesis that development of business activities in the agricultural machinery market could be provided by implementation of cluster initiative. Methodological base for the research is systemic approach to analysis of business activities in the agricultural machinery market. Within this approach, the authors consider the main synergetic principles which are to be taken into account during the study of functioning of any system and build a matrix of infrastructural components in the agricultural machinery market. The authors determine the possibilities and perspectives of implementation of cluster initiatives in the agricultural machinery market. As a result, the authors come to a conclusion that the offered hypothesis is correct and implementation of cluster initiatives facilitates the development of business activities in the agricultural machinery market. DOI: 10.5901/mjss.2016.v7n1s1p401

Business success in Serbian hotels viewed through influence of business activities which contribute to the creation of value

Analysis of business activities and defining future business plans are based on an analysis of appropriate business performance - financial and non-financial. Value of business performance reflects success of the company. The way of organizing business activities of the company, cooperation among employees, level of capacity utilization, innovation affect on the business performance. This paper analyzes the business activities which contribute to the creation of value (human resource management, marketing activities aimed at the efficient utilization of hotel capacities and activities of innovation) and business performance - financial (return on assets, return on equity, employee productivity) and non-financial (quality of hotel service, motivation of employees). The main objective of the research is to examine the interrelationship between business activities that contribute to creating value and business performance of the hotel. Results of the regression analyzes leads to the conclusion that the analyzed business activities affect on employee productivity and affect on non-financial performance - the quality of hotel services and motivation of employees.

ПРИНЦИПЫ АНАЛИЗА ПРЕДПРИНИМАТЕЛЬСКОЙ АКТИВНОСТИ

ПРИНЦИПЫ АНАЛИЗА ПРЕДПРИНИМАТЕЛЬСКОЙ АКТИВНОСТИ

Notes on Business Ethics

This paper formed the basis for five seminars taught as part of the International Business Ethics module, MSc Programme, Birkbeck, University of London, in 2010 and 2011. The overall aim of the seminars was to develop a series of arguments that can provide a route into an ethical analysis of the activities of business. Each of the arguments continues to be under development, and these notes can be read and critiqued in this light. There are of course other ways to address business ethics. The seminars considered how an ethical analysis of business activity might work. The paper has five parts: • Part 1: Responsibilities of firms • Part 2: Global responsibilities of firms • Part 3: Employment and authority • Part 4: Business disciplines and rationality • Part 5: Firms and the environment

Water Resource, Agglomeration and Location Choices of Japanese Textile Manufacturers in China

This study attempted to identify the determinants of location choices for Japanese textile manufacturers in China, with special attention on the effects of water resources and agglomeration. Surveys of six manufacturers were conducted, resulting in the development of hypotheses for investment incentives based on an analysis of business activities. Using a theoretical model, a negative binomial model was introduced for estimation with a set of annual panel data. In the estimation, 272 newly established plants from 1992 to 2007 were taken as dependent variables, and eight independent variables were tested as determinants of location choices. The significance of industrial water abundance was tested in upstream and downstream processing sectors separately. In all estimations including those for the entire textile industry, upstream and downstream sectors, coefficients of market size, policy zones and seaports were positive and statistically significant, whereas wage rate was negative and highly significant. As expected, the water supply coefficient was particularly positive and highly significant for upstream textile plants, but not significant for downstream textile plants. Keiretsu and agglomeration variables had significant effects on the entire textile industry. Especially, the downstream textile industry location choice was affected more than the upstream textile industry location choice.JEL Classification: C23, F23, R11, R30

Electric Power Data as Indexes of Business Fluctuations

T HOUGH generally accepted as indicative of business activity, figures on the production and use of electric power are seldom intensively utilized in analyses of the business s'ituation. The chief compilations are indeed faithfully reported, and as a rule the various composite indexes of business conditions make sure to include electric power as one constituent; but when it comes to current interpretation and analysis of business activity, not a great deal is made of the data. In part this comparative neglect may be ascribed to difficulties in the way of properly correcting the figures, among which the difficulty of making due allowance for normal growth is perhaps preeminent; but in part it seems to reflect uncertainty as to the precise significance and worth of the different figures available. In the present study it is proposed, therefore, to examine three outstanding series monthly production as reported by the United States Geological Survey, weekly production as reported by the National Electric Light Association, and monthly consumption as reported by Electrical Worldwith respect both to their statistical content and reliability and to their past performance as indicators of business or industrial activity.