Current state of the resource component of economic potential by the example of Ukrainian food enterprises
Current state of the resource component of economic potential by the example of Ukrainian food enterprises
Author(s): Andrei Pochtovyuk, Mykola Khomenko, Kateryna ZaikaSubject(s): National Economy, Agriculture, Human Resources in Economy
Published by: Vysoká škola evropských a regionálních studií, z. ú.
Keywords: resource potential; enterprise; food industry; SWOT analysis;
Summary/Abstract: This objective of the paper is to determine the status of the region´s enterprise resource potential using a component analysis. For this purpose, the leading food industry enterprises in the Poltava region were chosen as the most resistant to the current changing economic conditions. Based on the results of financial, material, technical and human resources indicators, a list of strengths (operational efficiency, financial and economic stability, effective material and technical support, efficiency of inventory management, high labour productivity, favourable psychological climate in the team) and weaknesses (inefficient asset liquidity management, deficit of own working capital, high degree of equipment wear and tear, high cost of property maintenance, reduction of personnel costs, lack of material motivation) of the research objects is compiled. It was found that in order to improve the state of food industry enterprises resource potential in the Poltava region, it is necessary to update fixed assets, modernize the equipment, improve the qualification of personnel, as well as to introduce innovations.
Journal: Auspicia
- Issue Year: 2023
- Issue No: 1
- Page Range: 34-45
- Page Count: 12
- Language: English