Open AccessBusiness Activity of Orenburg Region Engineering Plants: Practical Results and Problems
Author(s) -
O. P. Mikhailova,
V. M. Voronina
Publication year - 2020
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/753/8/082032
Subject(s) - scope (computer science) , relevance (law) , product (mathematics) , set (abstract data type) , computer science , management science , process management , business , engineering , mathematics , geometry , political science , law , programming language
The business activity of an industrial company manifests itself in the dynamics of its development, achieving the set goals and efficient use of industrial potential as well as expanding product target markets. The relevance of improving the procedure for evaluating the company’s business activity and the underdeveloped problem of selection and optimal calculation of the method applied to obtain the indicators pre-determined the authors’ choice of the research scope. In the article the authors suggest their own method for analyzing and evaluating the business activity of an industrial company on the basis of the interaction between such business activity and “Golden rule of the company’s economics”. Further, the authors appraised the proposed method applied for the business activity evaluation by the example of engineering plants in the Orenburg region. The authors obtained practical results and identified the problems in their business activity. On the basis of research results the authors determined the main strategic ways for developing engineering complex in the Orenburg region.