IMPROVING THE EFFICIENCY OF AGRICULTURAL MACHINERY MANUFACTURERS UNDER SANCTIONS
DOI 10.32651/2210-87
Issue № 10, 2022, article № 16, pages 87-92
Section: Agrofood market
Language: Russian
Original language title: ПОВЫШЕНИЕ ЭФФЕКТИВНОСТИ ПРОИЗВОДИТЕЛЕЙ СЕЛЬСКОХОЗЯЙСТВЕННОЙ ТЕХНИКИ В УСЛОВИЯХ САНКЦИЙ
Keywords: EFFICIENCY, MANAGEMENT DECISION, PERFORMANCE INDICATORS, PRICING POLICY
Abstract: In modern conditions, timely identification of factors affecting the financial results and economic performance of agricultural machinery producers in the region provides for the assessment of indicators that take into account the balance of interests to ensure the development of management decisions that contribute to improving the quality of economic activity, the effective use of innovations and equity. In the course of the study, an assessment of business activity, the duration of the operational and financial cycles, the financial stability of organizations and a factor analysis of the return on capital were carried out. The assessment of the indicators included an assessment of the turnover of current assets, profitability, SWOT analysis and identification of downside risks, taking into account factors affecting the optimization of leverage. The reasons for the low profitability of activities were inefficient pricing policies, lower prices when participating in government contracts, a high share of variable costs in the cost of sales. It was proposed to improve the activities of dealerships selling agricultural equipment under state contracts and directly to representatives of agribusiness to expand dealership services and change the pricing policy.
Authors: Belokonov IUrii Vladimirovich