Topic The Economics of the Enterprise – Subject and Methodology



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lecture 1



Topic 1. The Economics of the Enterprise – Subject and
Methodology
1.1.
The Economics of the Enterprise
1.2.
CLASSIFICATION OF ENTERPRISE
1.3.
Business Ownership and Operations
1.4. ORGANIZATION AND LIQUIDATION OF THE ENTERPRISE
1.1.
The Economics of the Enterprise
- a system of knowledge related to the process of
development and economic decision-making in the course of the company .
The company is an independent business entity , the purpose of which stands the
satisfaction of social needs and making a profit . The company is the main link of the market
economy . That company is a major producer of goods and services , the main subject of the
market , entering into various economic relations with other subjects . Therefore enterprise
economy as a system of knowledge and management practices of business, occupies an
important place in the organization of production and distribution of wealth in terms of any
economic system .
Studying business economics also focuses on the preparation of both economists and
future engineers and economists do not .
The Economics of the Enterprise closely associated with microeconomics and
macroeconomics , but not identical with it. Unlike microeconomics is that microeconomic
analysis examines the impact of the market on a separate entity and is not really a study of
business administration at the enterprise level . Within the framework of microeconomic
analysis discusses both sides of the market : supply and demand . From the standpoint of
business economics demand is seen as externally defined value .
As part of business economics is usually considered the following topics in the field of
knowledge economy :
The company has been , in the coherence between the type of production , the organization
of the production cycle ;
Formation of fixed and current assets , the use of capital , the receipt and distribution of
income ( profit) of the enterprise;
Develop a strategy of business, planning production and sales ;
Formation of production costs, product costing , pricing policy of the company;
Financial resources of the enterprise , the effectiveness of economic activity , risk assessment
in business ;
Economy in the workplace , recruitment and reception of their work , the organization of
labor , the wage system , the issues of incentives increase productivity ;
Questions logistical production : supply of raw materials , the formation of reserves and their
rational use ;


Questions technical preparation of production and the necessary industrial infrastructure ;
Enterprise innovation , product quality , the investment policy of the company ,
environmental issues ;
Foreign economic activity of the enterprise;
Organization of the process of enterprise management in general
The economis of the enterprise is a set of economic processes proceeding at the enterprise.
The doctrine about economy of the enterprise is private discipline of economic science and
part of microeconomics which also is engaged in behavior of house farms and relationship
between economic subjects. This doctrine shares on functional disciplines (sciences about
production, sale, supply, etc.) and "institutional" disciplines (sciences about banks, insurance
companies, trade, etc.).

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