Tasks of Enterprise Profits Management in the Context Of Economic Modernization
Keywords:
enterprise profit, profit planning, profit forecasting, factors determining enterprise profit, profit calculation, financial pricing policy.Abstract
Profit has always played and continues to play a key role in the economic development of enterprises, reflecting the results of their market activities and the effective use of resources. Generating profit is a primary motivation for entrepreneurs, encouraging them to increase production volumes and reduce manufacturing costs through the implementation of innovative solutions. Profit serves as a market indicator for maximizing value growth and as a motivation for investments in the most promising sectors of the economy. Therefore, it is crucial to apply precise methods for calculating and planning profits that take into account the specifics of the enterprise and its investment processes. The aim of this study was to develop recommendations for forecasting profit based on the operational conditions of the enterprise, which is discussed in detail in the article.
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