Conditions for Developing Sustainable Growth of Region’s Agricultural Industry

In the article demonstrated the need for forming sustainable growth of agricultural industry using tools for cost optimization within the business unit. Development of effectively functioning of in-house system of cost management defines the necessity of establishing target price for agricultural pr...

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Main Authors: Alexander Vladimirovich Nemchenko, Tatiana Aleksandrovna Dugina, Evgeniy Aleksandrovich Likholetov, Aleksander Viktorovich Malofeev, Aleksander Aleksandrovich Likholetov
Format: Article
Language:English
Published: EconJournals 2016-04-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31980/352629?publisher=http-www-cag-edu-tr-ilhan-ozturk
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author Alexander Vladimirovich Nemchenko
Tatiana Aleksandrovna Dugina
Evgeniy Aleksandrovich Likholetov
Aleksander Viktorovich Malofeev
Aleksander Aleksandrovich Likholetov
author_facet Alexander Vladimirovich Nemchenko
Tatiana Aleksandrovna Dugina
Evgeniy Aleksandrovich Likholetov
Aleksander Viktorovich Malofeev
Aleksander Aleksandrovich Likholetov
author_sort Alexander Vladimirovich Nemchenko
collection DOAJ
description In the article demonstrated the need for forming sustainable growth of agricultural industry using tools for cost optimization within the business unit. Development of effectively functioning of in-house system of cost management defines the necessity of establishing target price for agricultural products, and wherefore it was approved and suggested to use extrapolation method for the conditions of Volgograd region. Further progress of cost optimization is worthwhile investigating on the basis of classification of costs as fixed and variable costs within operating procedures, at the same time it is necessary to take into account the nominal level of profitability and environment. The proposed ways for forming the reasonable cost value would contribute to forming conditions for development of sustainable growth of agricultural industry.
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spelling doaj.art-2fd862047ee145bdb22bf9dce8b07ad62023-02-15T16:11:39ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-04-01622072111032Conditions for Developing Sustainable Growth of Region’s Agricultural IndustryAlexander Vladimirovich NemchenkoTatiana Aleksandrovna DuginaEvgeniy Aleksandrovich LikholetovAleksander Viktorovich MalofeevAleksander Aleksandrovich LikholetovIn the article demonstrated the need for forming sustainable growth of agricultural industry using tools for cost optimization within the business unit. Development of effectively functioning of in-house system of cost management defines the necessity of establishing target price for agricultural products, and wherefore it was approved and suggested to use extrapolation method for the conditions of Volgograd region. Further progress of cost optimization is worthwhile investigating on the basis of classification of costs as fixed and variable costs within operating procedures, at the same time it is necessary to take into account the nominal level of profitability and environment. The proposed ways for forming the reasonable cost value would contribute to forming conditions for development of sustainable growth of agricultural industry.https://dergipark.org.tr/tr/pub/ijefi/issue/31980/352629?publisher=http-www-cag-edu-tr-ilhan-ozturkeconomic growth costs optimization agricultural industry costs of production profitability technical operations
spellingShingle Alexander Vladimirovich Nemchenko
Tatiana Aleksandrovna Dugina
Evgeniy Aleksandrovich Likholetov
Aleksander Viktorovich Malofeev
Aleksander Aleksandrovich Likholetov
Conditions for Developing Sustainable Growth of Region’s Agricultural Industry
International Journal of Economics and Financial Issues
economic growth
costs optimization
agricultural industry
costs of production
profitability
technical operations
title Conditions for Developing Sustainable Growth of Region’s Agricultural Industry
title_full Conditions for Developing Sustainable Growth of Region’s Agricultural Industry
title_fullStr Conditions for Developing Sustainable Growth of Region’s Agricultural Industry
title_full_unstemmed Conditions for Developing Sustainable Growth of Region’s Agricultural Industry
title_short Conditions for Developing Sustainable Growth of Region’s Agricultural Industry
title_sort conditions for developing sustainable growth of region s agricultural industry
topic economic growth
costs optimization
agricultural industry
costs of production
profitability
technical operations
url https://dergipark.org.tr/tr/pub/ijefi/issue/31980/352629?publisher=http-www-cag-edu-tr-ilhan-ozturk
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AT aleksanderviktorovichmalofeev conditionsfordevelopingsustainablegrowthofregionsagriculturalindustry
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