Mathematical Essence of the Efficiency of the Enterprise in the Conditions of Limited Economic Resources and Analysis of Operational Activities
Keywords:
Needs, economic resources, goods and services, production, operation activity, investment activity, financial activity, profit, profitability, total revenue, total cost, variable cost, fixed cost, break-even point, cost-volume-profit analysis, management decisionAbstract
In the context of globalization, meeting human needs can only be achieved through efficient production. But what should be produced by businesses? What product should be produced? How much to produce? Can this product comply with market laws? were asked. Therefore, there is a need to analyze the operational activities of enterprises, which are the main source of income. Through operational performance analysis, the organization can make a profit on how many products it can produce, make efficient use of production resources, and make the necessary management decisions.
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