Business management in modern economic management conditions

Author:

Ilyin S Yu,Mandych I A,Krasnyanskaya O V,Bykova A V

Abstract

Abstract The paper presents indicators of modern business management, based on the current economic situation of its management. When selecting indicators, the emphasis is placed on the last stage of management evolution, which is characterized by the primary role of scientific and technical achievements in the development of the economy, including its commercial sector, and, accordingly, such resulting and factor indicators as changes in income and expenses, direct and indirect ratio of income and profit to expenditures on human capital, investment capital, and innovation capital are taken into account. The construction of these dependencies between changes in income and expenses is carried out through a combination of different types of dependencies (additive, multiplicative, multiple), which help to identify the degree of influence of each factor indicator on the resulting indicators and take actions to maximize the result and minimize business costs using the computational and constructive method in interaction with individual elements of mathematical analysis. The material is useful for entrepreneurs, regardless of their type of activity and organizational and legal status, educational and scientific figures, students of higher and secondary specialized institutions of economic and managerial programs, specialties and profiles.

Publisher

IOP Publishing

Subject

General Engineering

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