Analysis of economic activity as a way to effective work of the organization

The analysis of the economic activity of an enterprise is an aggregate or a system of measures used to find weaknesses and strengths in the work of an organization of any kind. This whole package of activities is aimed at a comprehensive study of all areas of the company's activity.

Like any other economic category, the analysis of the economic activity of the enterprise implies the existence of the object, goals and objectives of the study. The first item refers to all financial and economic processes that take place in the organization. This can also include their results and consequences, which in one way or another will affect the economic state of the enterprise as a whole. At the same time, all the phenomena taking place in the company's activity are caused by certain factors that are also the subject of this branch of the economy.

The main goal pursued by a set of measures called "analysis of the economic activities of the enterprise" is to find reserves for the possibility of increasing the economic efficiency of all structural units of the organization. With its help it is possible to improve and stabilize its financial condition. It is worth noting that there may also be other, equally important aspirations. However, each of them follows from the main and primary goal and appears in the course of a specific study or verification.

Analysis of the financial and economic activities of the organization includes a system of activities that solves numerous problems. Let's consider them in detail

1. Since any economic process is based on a database with financial data, the main issue is the use of proven and accurate figures, the reliability of which will not cause any doubt. It is with the goal of confirming the reality of the indicators taken from statistical reports and business plans that analysis is conducted.

2. The second objective is an objective assessment of the organization's management of its economic activities. This process takes into account a huge number of parameters: the correspondence of the actual data to the established forecast values, the dynamics and the process of modifying the dominant economic indicators (cost of production, return on capital, sales, production, net and operating profit , etc.);

3. Analysis of the economic activity of the enterprise provides for the planned systematic qualitative and quantitative analysis of the set of factors that somehow affect the activity of the entire organization. In this case, the establishment of the nature of their origin, the relationships between them and the construction of a model for their interaction is a qualitative analysis, and determining the size of the influence of a factor on the indicator selected for study is quantitative.

4. Finding all kinds of reserves that will help improve the economic efficiency of the organization and improve the financial condition of the company;

5. Development and implementation of the most optimal management solutions for dealing with identified reserves.

6. Preparation of forecasts of the company's activities taking into account the analysis and recommendations made.

Analysis and diagnostics of the financial and economic activities of the enterprise is a process that will help to find a way out of many difficult situations, identify the most priority directions and ways of business development and cut off the most unprofitable ones.