Targeted Approach to Assessing Commercial Efficiency of Organization

Timely implementation, recording and analysis of indicators for assessing the level of commercial efficiency allow us not only to identify the strengths and weaknesses of the main business processes of the organization, but also to identify reserves for its increase. For this purpose, it is necessar...

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Main Authors: Tamara Kasayeva, Matvey Matveev
Format: Article
Language:Russian
Published: Витебский государственнный технологический университет 2019-12-01
Series:Vestnik of Vitebsk State Technological University
Subjects:
Online Access:https://vestnik.vstu.by/files/8515/7804/9378/15_37.pdf
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author Tamara Kasayeva
Matvey Matveev
author_facet Tamara Kasayeva
Matvey Matveev
author_sort Tamara Kasayeva
collection DOAJ
description Timely implementation, recording and analysis of indicators for assessing the level of commercial efficiency allow us not only to identify the strengths and weaknesses of the main business processes of the organization, but also to identify reserves for its increase. For this purpose, it is necessary to actively introduce foreign countries’ experience in implementing systems for monitoring and recording of the level of efficiency, based on a targeted approach, the practical use of which in various areas of the functioning of economic entities proves their effectiveness and practicability. In this study, an attempt is made to develop a methodology for assessing the commercial effectiveness of an organization based on the development of strategic goals, determining their numerical parameters, and assessing the achievement of goals. To develop business development directions and increase its commercial effectiveness, a risk assessment system is proposed.
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spelling doaj.art-797f7c56955c4781af135c38efd61e4f2022-12-22T01:06:41ZrusВитебский государственнный технологический университетVestnik of Vitebsk State Technological University2079-79582306-17742019-12-0123715817010.24411/2079-7958-2019-13715Targeted Approach to Assessing Commercial Efficiency of OrganizationTamara Kasayeva0Matvey Matveev1Vitebsk State Technological UniversityLLC “PA “Energokomplekt”Timely implementation, recording and analysis of indicators for assessing the level of commercial efficiency allow us not only to identify the strengths and weaknesses of the main business processes of the organization, but also to identify reserves for its increase. For this purpose, it is necessary to actively introduce foreign countries’ experience in implementing systems for monitoring and recording of the level of efficiency, based on a targeted approach, the practical use of which in various areas of the functioning of economic entities proves their effectiveness and practicability. In this study, an attempt is made to develop a methodology for assessing the commercial effectiveness of an organization based on the development of strategic goals, determining their numerical parameters, and assessing the achievement of goals. To develop business development directions and increase its commercial effectiveness, a risk assessment system is proposed.https://vestnik.vstu.by/files/8515/7804/9378/15_37.pdfcommercial efficiency of businesssystem of balanced indicatorskey indicatorsindicatorsevaluation of strategy implementationrisk assessment
spellingShingle Tamara Kasayeva
Matvey Matveev
Targeted Approach to Assessing Commercial Efficiency of Organization
Vestnik of Vitebsk State Technological University
commercial efficiency of business
system of balanced indicators
key indicators
indicators
evaluation of strategy implementation
risk assessment
title Targeted Approach to Assessing Commercial Efficiency of Organization
title_full Targeted Approach to Assessing Commercial Efficiency of Organization
title_fullStr Targeted Approach to Assessing Commercial Efficiency of Organization
title_full_unstemmed Targeted Approach to Assessing Commercial Efficiency of Organization
title_short Targeted Approach to Assessing Commercial Efficiency of Organization
title_sort targeted approach to assessing commercial efficiency of organization
topic commercial efficiency of business
system of balanced indicators
key indicators
indicators
evaluation of strategy implementation
risk assessment
url https://vestnik.vstu.by/files/8515/7804/9378/15_37.pdf
work_keys_str_mv AT tamarakasayeva targetedapproachtoassessingcommercialefficiencyoforganization
AT matveymatveev targetedapproachtoassessingcommercialefficiencyoforganization