Economic analysis of enterprise

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In a modern market economy attaches great importance to quality management training.Experts today must be able not only to make the right and informed decisions, and, if necessary, to take responsibility and initiative, to take risks.This manager must take into account the continuous changes in both the external and the internal environment of the company.

economic analysis of the enterprise is classified as the most effective management techniques.It is also a major component of decision support.Properly conducted an economic analysis of the enterprise allows to develop the tactics and strategy of further development of the company.In addition to decision support and approved plans for the control of their execution, compares marketing activities, implying a comparison with the reality of developments expected over a specific time period.

At the same time carried out the internal and external assessment of the financial condition of the company.The goal of this event - to understand the level of liquidity, stability and solvency of the organization.The internal financial evaluation of the company is needed to determine the degree of efficiency of working capital and fixed assets, research relationship earnings, cost and volume of production.

Using various tools, the head explores the external and internal environment of the organization.This involves not only an analysis of the company as a whole, but the evaluation of the structural units.

qualified head of today must have knowledge not only of the general patterns and trends in today's market, but also to understand the manifestations of private-specific and general laws within the framework of a particular company.

First of all, the economic analysis of a company growing at the micro level - at the level of separate enterprises and their divisions.These grass-roots units (regardless of ownership) form the basis of market relations.At the same time all the processes in enterprises, should be considered in conjunction internal and external environment, in accordance with the dynamic changes, social and political aspects of social development.

economic analysis of a company (in the modern sense) is a system of scientific means.As a specific kind of administrative activity, this study precedes decisions, and determines and refines them.

economic analysis allows to study the object from all sides.This process involves the initial processing of information.Compares the results achieved with the data for previous periods with industry averages, as well as data on other enterprises.This assesses the impact of various factors on the result determined by the errors, deficiencies and prospects are identified untapped opportunities.

In accordance with the results of the work developed and justified the plans and all management decisions.Thus, with the help of the head of the economic analysis ensures the effectiveness and objectivity of the company.In other words, this work is regarded as an activity necessary to optimize solutions.

As practice shows, the importance of economic analysis as a method of management is increasing annually.The reasons are different factors.Mainly this trend is connected with the necessity of constant increase of production efficiency, the development of market relations, "denationalization" of the economy and other reforms.