ENSURING THE EFFECTIVENESS OF ENTERPRISES FUNCTIONING IN UNCERTAIN CONDITIONS

1. The theme of the master’s work ENSURING THE EFFECTIVENESS OF ENTERPRISES FUNCTIONING IN UNCERTAIN CONDITIONS Scientific supervisor: Candidate of Economic Sciences N.A. Voloshko. Student: BobryshevaО.І.

2. 2 The Purpose of the diploma research is to develop the theoretical, methodical and practical actions in management decision making under uncertain conditions of market environment for ensuring the effectiveness of enterprises functioning. Tasks of the research: 1. To corroborate the relevance of the research concerning the effectiveness of enterprises functioning in uncertain conditions. 2. To conduct analysis of EVRAZ DMZ Petrovskogoactivities and the major financial and economic parameters of its performance. 3. To analyze the possibility of bankruptcy for EVRAZ DMZ Petrovskogo 4. To develop the mathematical model for selecting optimal alternative of enterprise behavior in uncertainty of market environment. 5. To use the developed model for reducing the negative influence of the lost possibilities risk at EVRAZ DMZ Petrovskogo The Object of the investigation:the operation of EVRAZ DMZ Petrovskogo. The Subject of the investigation:theoretical and practical aspects of ensuring the effectiveness of EVRAZ DMZ Petrovskogo functioning in uncertain conditions. steel is

3. 3 Steel enterprises of EVRAZ Group steel is

4. 4 Geography of company’s product consumers steel is

5. 5 Dynamics of financial indicators at EVRAZ DMZ Petrovskogo steel is

6. 6 Coefficient of bankruptcy possibility at EVRAZ DMZ Petrovskogo steel is

7. 7 Model of choosing the optimal alternative of behaviour under conditions of uncertainty in the market environment 1. Choosing the dominant risk in operation of the enterprise among the range of financial and business risks 2. Forming multitude of market environment states and alternatives of enterprise behavior within the limits of indicated dominant risk. 3. Building the regression model of dependence of result criterion from factors which were used to form the states of market environment. 4. Building the matrix of alternative behaviour with the glance of market environment states. 5. Building the matrix of risks for each alternative of behavior. 6. Calculation of Wald criterion. . 7. Calculation of Savage criterion. 8. Calculation of the Routh–Hurwitz stability criterion 9. Choosing the optimal alternative of behavior which is the maximum among the other alternatives as for the Routh-Hurwitz stability criterion. steel is

8. 8 • Variants of features in the market environment steel is

9. 9 Output data for carrying out the regression analysis steel is

10. 10 The model of financial result from the main activity before the taxation which was build according to the method of multiply regression analysis Y= 2445,85 - 0,61×X1 + 0,46×X2 + 0,22×X3 -1,72×X4 - 187,57×X5 де X1 - debtors’ liabilities; X2 - cash; X3– fixed assets; X4– current liabilities; X5– inflation rate. steel is

11. 11 Compromised decision according to the Routh-Hurwitz criterion steel is

12. Thank you for attention! steel is