Evaluation of economic criteria of efficient managemnt of the agro-industrial enterprise
The objective of the article is to define the economic criteria of efficient management of agricultural enterprises for its sustainable development. The methodological regulations for assessment of the level of profitability of production, products, price and prime cost under various business conditions (when production scale equals the sales volume and when it does not equal the sales volume) are outlined. For the convenience of the calculations of economic criteria of efficient management of agricultural enterprise the price is taken as 1. The calculations of total prime cost, profit, profitability rate of production and sales are done and presented. The world prices on cattle products are analysed and it is suggested to rise its prices in Ukraine. The profitability rates of products under certain price and prime cost are calculated. It is defined that augmentation of the profitability rate of the production is achieved in case of 150% a double rise of price and prime cost rate of 0,8, under condition that all the products produced are sold. The economic criteria for efficient management of agricultural enterprises are defined. The efficiency of cattle-stock production in Ukraine is assessed and the guidelines for increase of prices on milk (sterilized), hard cheese, butter, pork, beef, chicken. For the first time, the author considers the final results of business activity of the enterprise, is situation when the scale of sales equals or does not equal the volume of production. It is suggested for the convenience of the calculations of economic criteria of efficient management of agricultural enterprise the price is taken as 1. A new definition for such economic efficiency criterion as level of profitability of an enterprise is provided: it is the volume of profit in percentage of expenses full prime cost. Such definition made it possible to provide accurate assessment of the efficiency of business activity of an enterprise. The scientific research kit for defining of economic criteria of efficient management of agricultural enterprise that provides possibility to predefine the profitability rate of production, under its certain price and prime cost, ensuring sustainability of its development. Tabl.: 5. Refs.: 17.