Technique Development of the Complex Diagnostic Analysis of Enterprise Activities

DOI

10.2991/aebmr.k.200312.127How to use a DOI?

Abstract

Modern business entities face a significant number of problems, which ultimately lead to crises and unprofitability. In many ways, these states are due to insufficient amount of operational information for making management decisions. The role of this kind of information is difficult to overestimate in a market economy with its characteristic high level of instability, uncertainty of the business environment. Considered circumstances increase the relevance of such a tool of scientific research as a comprehensive diagnostic analysis of the enterprise results. This type of research is an important part of the tactical and strategic management of the enterprise ensuring its sustainable development and competitiveness. At the same time, an important task of analysts is the formation of a “methodological field” of a system of methods and approaches to the diagnostic analysis of indicators characterizing the performance of an enterprise and its potential. The purpose of this article is to develop an algorithm for the method of integrated diagnostic analysis of the results of an enterprise. The proposed technique is based on clarifying the content of such areas of diagnosis as: financial, economic diagnostics and rating assessment of the company’s position in the market. It also includes the study and definition of a resulting indicators system that takes into account net cash flows and fuller reflects the effectiveness of the enterprise. In the framework of this methodology, a system of indicators characterizing various business processes of the enterprise has been formed. The advantages of the refined methodology of the complex diagnostic analysis are that it allows the researcher to study the effectiveness of the enterprise activity in a fairly short time and give objective conclusions on the state of the object of study, taking into account both the internal and external conditions. It can determine the threshold values of environmental indicators affecting the performance of the enterprise. The proposed research algorithm makes it possible to identify the position of an enterprise concerning other, similar, market participants according to a system of resulting indicators or another system of indicators formed in accordance with the objectives of the analysis.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - L V Eihler
AU  - A S Strynkovskaya
AU  - T P Sidorova
PY  - 2020
DA  - 2020/03/17
TI  - Technique Development of the Complex Diagnostic Analysis of Enterprise Activities
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)
PB  - Atlantis Press
SP  - 924
EP  - 932
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200312.127
DO  - 10.2991/aebmr.k.200312.127
ID  - Eihler2020
ER  -