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Assessing the Development of Economic Entities
Feshchur R. V., Shyshkovskyi S. V., Skvortsov D. I.

Feshchur, Roman V., Shyshkovskyi, Serhii V., and Skvortsov, Denys I. (2020) “Assessing the Development of Economic Entities.” Business Inform 11:418–423.
https://doi.org/10.32983/2222-4459-2020-11-418-423

Section: Management and Marketing

Article is written in Ukrainian
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UDC 338.121:658

Abstract:
The article reveals the concept of "development of economic entity" and the formation of the concept of "one", "two" and "many" criteria for assessing its development. The development of the enterprise is considered as a process of acquiring new qualitative, quantitative or structural properties that involves changing the parameters of its state. The system is transformed through the growth, activation or structuring of the constituent elements. It is determined that growth (horizontal, vertical, diversified) involves the expansion of the size of the enterprise, its potential and scale of activity. Activation occurs due to the increase of business activity of enterprise, through the establishment and strengthening of communication with the contact audience (suppliers, customers, regional community, etc.). Restructuring is characterized by the rebuilding of relationships in the system and changes in enterprise management, i. e. the choice of a new leadership style, modernization of the organizational structure of management, and so on. The developed conceptual model for assessing the development of economic entity is based on the understanding of development as a threefold essence of potential, functional activity and effectiveness. Changing any of these elements affects development and characterizes it. An inherent property of enterprise development is the advancement of the rate of change of indicators of functional activity in relation to the pace of change of efficiency and potential. Based on the definition of development as a permanent process, which is always associated with the emergence in time of something qualitatively new or a new combination of existing elements, which leads to the formation of a new result, a triangle of development of economic entity is formed. Stages of the enterprise development assessment have been developed. The criteria for assessing the development of economic entity are defined.

Keywords: development, assessment, model, rule, enterprise, pace.

Fig.: 2. Tabl.: 1. Formulae: 5. Bibl.: 9.

Feshchur Roman V. – Candidate of Sciences (Economics), Professor, Professor, Department of Technology Management, Lviv Polytechnic National University (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: [email protected]
Shyshkovskyi Serhii V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Project Management, Lviv Polytechnic National University (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: [email protected]
Skvortsov Denys I. – Candidate of Sciences (Economics), Senior Lecturer, Department of Management Technologies, Lviv Polytechnic National University (12 Stepana Bandery Str., Lvіv, 79013, Ukraine)
Email: [email protected]

List of references in article

Bondar, N. M. “Suchasni tendentsii rozvytku pidpryiemstv“ [Modern Trends in Enterprise Development]. https://www.trn.ua/articles/4724/
Zapasna, L. S. “Ekonomichna sutnist rozvytku pidpryiemstva“ [The Economic Essence of Enterprise Development]. Kultura narodov Prichernomorya. 2006. http://dspace.nbuv.gov.ua/bitstream/handle/123456789/36354/10-Zapasna.pdf?sequence=1
Chumak, L. F. “Suchasni tendentsii rozvytku pidpryiemstv“ [Modern Trends in Enterprise Development]. Visnyk Dnipropetrovskoho universytetu. Seriia «Ekonomika». 2012. http://vestnikdnu.com.ua/archive/201264/chumak.html
Feshchur, R. V. et al. Upravlinnia sotsialno-ekonomichnym rozvytkom pidpryiemstv: metodolohiia ta instrumentarii [Management of Socio-economic Development of Enterprises: Methodology and Tools]. Lviv: Rastr-7, 2016.
Feshchur, R. V. et al. “Kontseptsiia proiektno-oriientovanoho formuvannia prohramy rozvytku pidpryiemstva“ [The Conception of the Project-Oriented Formation of the Enterprise Development Program]. Biznes Inform, no. 4 (2020): 478-485. DOI: https://doi.org/10.32983/2222-4459-2020-4-478-485
Feshchur, R. V. et al. Upravlinnia sotsialno-ekonomichnoiu vzaiemodiieiu na pidpryiemstvakh: metodolohiia ta instrumentarii [Management of Socio-economic Interaction in Enterprises: Methodology and Tools]. Lviv: Rastr-7, 2016.
Feshchur, R. V. et al. Pryiniattia proiektnykh rishen [Making Project Decisions]. Lviv: Rastr-7, 2019.
Kaplan, R. S., and Norton, D. P. Sbalansirovannaya sistema pokazateley. Ot strategii k deystviyu [Balanced Scorecard. From Strategy to Action]. Moscow: Olimp-Biznes, 2003.
Nili, E., Adams, K., and Kennerli, M. Prizma effektivnosti. Karta sbalansirovannykh pokazateley dlya izmereniy uspekha v biznese i upravlenii im [Efficiency Prism. A Balanced Scorecard for Measuring and Managing Business Success]. Dnepropetrovsk: Balans Biznes Buks, 2003.

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