JEL Classification: D 80, D 83, D 89. | DOI: https://doi.org/10.31521/modecon.V19(2020)-14 |
Kononenko Zhanna, PhD in Economics, Associate Professor of the Department of Economic Theory and Economic Research, Poltava State Agrarian Academy, Poltava, Ukraine
ORCID ID: 0000-0003-0074-8249
e-mail: konon_ukr@ukr.net
Khodakivska Liliia, PhD in Economics, Associate Professor of the Department of Accounting and Economic Control, Poltava State Agrarian Academy, Poltava, Ukraine
ORCID ID: 0000-0002-6758-697X
e-mail: hodak_katya@hotmail.com
Hrybovska Julija, PhD in Economics, Associate Professor of the Department of Accounting and Economic Control, Poltava State Agrarian Academy, Poltava, Ukraine
ORCID ID: 0000-0001-5205-9045
e-mail: julijal@ukr.net
Economic Information as an Enterprise Management Instrument
Introduction. Economic information is the foundation of globalization, subject to conditions of development of the informative and digital society on scientific principles of management and the base economic systems. The level of formation and use of economic information is of paramount importance in ensuring the effective management of the activity of the enterprise, as it influences the quality of management decisions made. Therefore, the article identifies the main features of management information. The classification and content of certain characteristics of management information are given, such as information volume, usefulness of information, its quality and saturation, as well as efficiency and its security.
Purpose. The provision of resources to society in the context of large-scale implementation of innovative technologies requires managers and owners of strategic and operational thinking. The increasing role and impact of information resources in the stability of the production process determines the main emphasis on accuracy, reliability and efficiency.
Such requirements are attributed to the properties of management information. The latter is information that interacts in the economic environment and in the production process, providing material resources of production management, as well as financial support and other information of economic content through which the management system operates.
Results. The value of information determines the effectiveness of the basic actions of the enterprise, and its content becomes a driving force in the process of its material transformation in production. Economic information is at the same time a means and object of work and becomes effective in the formation of the final indicators of the enterprise. Therefore, these properties affect the duration and image of the enterprise in the economic environment.
Conclusions. Making deliberate and well-informed decisions about what to do will require a systematic comparison of the best options to select the most effective one. Therefore, to prevent the completion of the action of detecting an unexpected effect, identify the possible reasons for not meeting the planned goals. Usually, when formulating such questions, the terms are qualitative management methods, qualitative information and the value of such information. Therefore, effective management requires information that meets certain requirements, is of high quality and is provided directly by the manager.
Keywords: informative space; informatization; information; economic information; administrative information; quality; quality of management information.
References:
- Butko, M. P. (2006). Informacijni tekhnologhiji v reghionaljnomu upravlinni [Information technologies in regional management], Znannja Ukrajiny, Ukraine.
- Derzhavna sluzhba statystyky Ukrayiny (2019). Vykorystovuyte informatsiyno-komunikatsiyni tekhnolohiyi na pidpryyemstvakh Ukrayiny: statystychnyy byuleten’ [Use of information and communication technologies at Ukrainian enterprises: statistical bulletin].
- Volontyr, L. O. & Zelinska, O. V. (2018). Information-logistic systems of agricultural enterprise management. Finansy. Menedzhment: aktual’ni pytannya nauky i praktyky, 12, 88-96.
- Harafonova, O. I. (2014). Upravlinnia zminamy: teoriia, metodolohiia ta praktyka [Change management: theory, methodology and practice], KNUTD, Kyiv, Ukraine.
- Gherasymenko, S. S. Gherasymenko, V. S. & Chupryna, O. M. (2019). Pidvyshhennja jakosti upravlinsjkoji informaciji: statystychnyj aspekt. Retrieved from http://194.44.12.92:8080/jspui/bitstream/123456789/2661/5/5.pdf/.
- Нerasymchuk, N. A. & Shovt’, Yu. Yu. (2014). The value of strategy in enterprise development. Molodyj vchenyj, 12 (15), 101-104.
- Yegorova, O. V., Dorogan`-Py`sarenko, L. O. & Tyutyunny`k, Yu. M. (2018). Ekonomichny`j analiz [Economic analysis], RVVD PDAA, Poltava, Ukraine.
- Kovalenko, B. B., Guseinova, I. V. & Gusarova, T. I. (2019). The impact of digitalization of the economy on the project management methodology. Ekonomika i ekologicheskiy menedzhment, 2., 135-144. Doi: 10.17586/2310-1172-2019-12-2-135-144.
- Sviatnenko, V. (2011). Information-analytical support of innovative activity. Zbirka materialiv do naukovo-praktychnoho seminaru z pidvyshchennya kvalifikatsiyi: “Orhanizatsiya informatsiynoyi diyal’nosti v umovakh stanovlennya i rozvytku innovatsiynoyi ekonomiky” [Collection of materials for a scientific-practical seminar on advanced training: “Organization of information activities in the conditions of formation and development of innovative economy”], Derzhavne ahentstvo z pytan’ nauky, innovatsiy ta informatyzatsiyi Ukrayiny; Ukrayins’kyy instytut naukovo-tekhnichnoyi i ekonomichnoyi informatsiyi (UkrIN-TEI) State Agency for Science, Innovation and Informatization of Ukraine; Ukrainian Institute of Scientific, Technical and Economic Information (UKRIN-TEI), Kyiv, Ukraine, May 17-18, p. 18–39.
Received: 20 January 2020
How to quote this article? |
Kononenko, Zh., Khodakivska, L. & Hrybovska, Yu. (2020). Economic Information as an Enterprise Management Instrument. Modern Economics, 19(2020), 83-87. DOI: https://doi.org/10.31521/modecon.V19(2020)-14. |