Improvement of food industry enterprises’ cost management

Victoria Odnolko
PhD in Economics, Lecturer of Economics and Management of National Economy Department, Odessa National Economic University, e-mail:odnolko.vika@mail.ru

Cite this article:

Odnolko, V. (2015), Improvement of food industry enterprises’ costs management.Ed.: M. Zveryakov (ed.-in-ch.) and others [Udoskonalennia upravlinnia vytratamy pidpryiemstv kharchovoi promyslovosti; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin (ISSN 2313-4569), Odessa National Economic University, Odessa, Issue 2, No. 57, pp. 150–155.

Abstract

The article analyzes the current state of cost management of the food industry in Ukraine. Basic economic indicators of the food industry are estimated. The tendencies and prospects of development of domestic food production system in the European integration coordinates are outlined. The theoretical and methodological principles and the practical recommendations on the formation of a system of mechanisms and instruments of cost management companies that will finish their development prospects in European integration are justified. A systematic approach to the analysis of economic phenomena and processes, basic assumptions of modern economic theory and business economic are established. The main task of which would be given the fullest opportunity to manage cost the food industry at all stages of the production cycle and meet the criteria for unity of approaches at various levels of management activities is considered.

Keywords

food; production; expenses; investment; integration.

JEL classification: R100, M210

UD classification: 338.49:334.012.64:332.133

References

1. Podderiogin, A. M., Kornylyuk, A. V. (2009), «Innovations and their financial security in the food industry of Ukraine» [Innovatsii ta yikh finansove zabezpechennia v kharchovii promyslovosti Ukrainy], Finance of Ukraine, No. 11, pp. 94–100
2. Davydovych, I. Ye. (2008), Cost management [Upravlinnia vytratamy], СUL, Kyiv, 320 p.
3. Kupchak, P. M. (2009), Ukrainian food industry in terms of activation of integration and globalization processes: monograph [Kharchova promyslovist Ukrainy v umovakh aktyvizatsii intehratsiinykh ta hlobalizatsiinykh protsesiv: monohrafiia], Council for Ukraine’s Productive Forces Studies of NASU, Kyiv, 152 p.
4. Partyn, G. O. (2008), Enterprise cost management [Upravlinnia vytratamy pidpryiemstva], Kyiv: UBSNBU, 219 p.
5. Skopenko, N. S. (2011), «Agriculture sector: current status, trends and prospects» [Ahropromyslovyi sektor: suchasnyi stan, tendentsii ta perspektyvy rozvytku], Economic analysis, Vol. 8, P. 1, pp. 179–183
6. «Ukrainian Industry in 2007–2010: statistical yearbook» [Promyslovist Ukrainy u 2007–2010 r.], State Statistics Service of Ukraine, available at: www.ukrstat.gov.ua
7. «Scientific and Innovation Activity in Ukraine in 2011: statistical yearbook» [Naukova ta innovatsiina diialnist v Ukraini u 2011 r.], available at: http://www.ukrstat.gov.ua
8. «Ukrainian Industry in 2001–2007: statistical yearbook» (2008) [Promyslovist Ukrainy u 2001–2007 rr.], State Statistics Service of Ukraine, Kyiv, 304 p.
9. Yakymchuk, T. V. (2010), «Condition and perspectives for developing the food industry enterprises of Ukraine» [Stan i perspektyvy rozvytku pidpryiemstv kharchovoi promyslovosti Ukrainy], Actual problems of economics, No. 4, pp. 162–168