Economic analysis of venture activity at the venture enterprises

Authors

DOI:

https://doi.org/10.15587/2312-8372.2017.101033

Keywords:

venture enterprise, stages of life cycle, methods of economic analysis, strategy for planning

Abstract

The modern methods of economic analysis with the help of which it is possible to analyze a venture activity for each stage of venture enterprise life cycle are analyzed in the article. The implementation of economic analysis as a fundamental factor in increasing the efficiency of venture activity of the venture enterprise has a significant impact on the effectiveness of risky activities and contributes to its main goal – to maximize profits. The venture management process proves that analysis is not only an integral part of other functions, but also an independent function. The effectiveness of venture activity at all stages of venture enterprise life cycle depends on the results of this function. The stages of life cycle are characterized by different degrees of risk and requirements in venture capital. The methods of analysis determined in the article take into account the features of each stage, the degree of risk, the need for investment and will avoid errors in plans and management decisions, choose the right strategy for planning, production, with the corresponding output volumes that will provide the desired volume of sales and financial results – satisfying both owners of venture enterprises and their risky investors.

Author Biographies

Maryna Pashkevych, State Higher Educational Establishment «National Mining University», 19, Dmitry Yavornytsky ave., Dnipro, Ukraine, 49600

Doctor of Economical Sciences, Associate Professor

Department of Accounting and Auditing 

Olga Usatenko, State Higher Educational Establishment «National Mining University», 19, Dmitry Yavornytsky ave., Dnipro, Ukraine, 49600

PhD, Associate Professor

Department of Accounting and Auditing 

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Published

2017-05-30

How to Cite

Pashkevych, M., & Usatenko, O. (2017). Economic analysis of venture activity at the venture enterprises. Technology Audit and Production Reserves, 3(4(35), 9–14. https://doi.org/10.15587/2312-8372.2017.101033

Issue

Vol. 3 No. 4(35) (2017): Economics of enterprises

Section

Economics and Enterprise Management: Original Research

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Copyright (c) 2017 Maryna Pashkevych, Olga Usatenko

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