The Matrix Evaluation of the Management Efficiency and Development Prospects of Agricultural Businesses
Journal Title: Проблеми економіки - Year 2014, Vol 2014, Issue 4
Abstract
The objective of the article consists in the development of a methodology for the matrix evaluation of management efficiency and development prospects of agricultural businesses. The article proposes an algorithm for classification of businesses according to their development prospects. A system of integral indices and indicators of their level for evaluation of the financial firmness and development prospects of businesses was substantiated. The matrix evaluation of the management efficiency and prospects of balanced development of agricultural businesses was proposed. The article also presents the developed methodological and organizational aspects of classification of businesses based on the balance degree and development prospects. 9 groups of enterprises combined into development prospect matrices were singled out, as well as their criterion values in terms of financial firmness, management efficiency, and development prospects. Rationale was provided for areas of improvement of the management system efficiency at the enterprise with a view to ensuring steady prospective development.
Authors and Affiliations
Valentyna Yakubiv, Roman Yakubiv
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