Factors affecting the profit of agricultural enterprises in modern conditions
Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 4, Issue
Abstract
Under the current conditions, the main task of any enterprise is to generate profits. In order to continuously ensure profit growth, an enterprise is constantly forced to look for unused opportunities for its increase, that is, growth reserves. The article is devoted to factors influencing the formation of the profitability of agricultural enterprises. Profit is the main task of each enterprise. In modern conditions, the issue of increasing profits is quite important, since in today's conditions, many enterprises, especially agricultural, are experiencing a crisis of their activities. At the same time, agriculture occupies a significant place in the formation of the gross domestic product. Thus, the main factors in increasing the profit of an agricultural enterprise are: reducing the cost of production; increasing the technological level of production; change in the structure and volume of production; biofuel production. On the basis of the analysis of factors affecting profit, determine the existing opportunities for its increase at the expense of one or a group of factors that create a reserve for this. The article investigates the factors influencing the formation of profit of agricultural enterprises. The priority factors of increase of profit of the enterprise are determined. The main directions of improvement of the formation, use and management of profit of agricultural enterprises in modern conditions are considered. The problems of functioning of the organizational and economic mechanism of agricultural enterprises are determined and the ways of its solution are outlined. The importance of profit as the main indicator of the efficiency of an agricultural enterprise activity is substantiated. The basic objects of management of profit of the agricultural enterprise in the process of its formation, distribution and use are allocated. Revealed ways to manage profits.
Authors and Affiliations
Iryna Oleksandrivna Pavliuk
Keywords
Related Articles
- EP ID EP671271
- DOI -
- Views 74
- Downloads 0
Crewing companies activity in modern market conditions
The article considers the relevance of the search for competitive advantages for crewing companies in modern market conditions. Particular attention is paid to the use of automatic systems and innovative technologies.
The management of cash flows in the enterprise
The essence of cash flow from the standpoint of different authors is analyzed and the types of cash flows of the enterprise are identified in the article. The main indicators, which testify to the level of management of...
Effective public goods using in the context of territorial communities’ unification
The article deals with the directions for the creation and effective use of public goods in the conditions of functioning of the united territorial communities. To pure public goods, the creation of which is provided onl...
Features of insurance as a element of economic security of insurance sector companies
We have identified three different groups of definitions, when we performed the content analysis of literary sources to clarify the essence of the term "insurance”: relationships, type of activity and phenomenon. Taking...
Economics of agricultural industry of Ukraine: "the resource curse"
The article defines the concept of the effect "the resource curse" and the reasons for its development. The negative consequences and factors of this effect were investigated, and the existence of the effect "the resourc...