Dairy Industry in Ukraine: Evaluation of Business Efficiency

Title: Dairy Industry in Ukraine: Evaluation of Business Efficiency
Issue: Vol. 6, No 2, 2013
Published date: 20-11-2013 (print) / 20-11-2013 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: Anna Penchuk
Keywords: dairy industry of Ukraine, performance, effectiveness, efficiency, synergistic effect
DOI: 10.14254/2071-789X.2013/6-2/5
DOAJ: https://doaj.org/article/f1a8a9f6fdee4c7f9f6c74911a661b46
Language: English
Pages: 53-64 (12)
JEL classification: L66
Website: https://www.economics-sociology.eu/?223,en_dairy-industry-in-ukraine-evaluation-of-business-efficiency
File http://economics-sociology.eu/files/08_Penchuk_1_3.pdf

The paper considers the problem of maintaining priority development of milk processing plants, emphasizing great importance of the formation of evaluation system. The overview of scientific approaches to the definition of the operation of enterprises is done. The importance of the distinction between the effectiveness and efficiency is substantiated. The evaluation of performance on key indicators is developed regarding the main activities of milk processing enterprises in Ukraine, requirements and standards. The areas of company’s management to operate successfully under the market conditions are identified.