Justification of Causal Relationships in Managing Economic Processes at Wholesale Enterprises

• Main Author: Ilchenko Nataliia B.
• Format: Article
• Language: English
• Published: PH "INZHEK" 2016-11-01
• Series: Problemi Ekonomiki
• Subjects: process; phenomenon; event; causal relationships; business processes; wholesale trade; mathematical model
• Online Access: http://www.problecon.com/export_pdf/problems-of-economy-2016-4_0-pages-127_135.pdf

The purpose of this article is to study causal relationships between economic processes occurring at wholesale enterprises and develop a methodological approach to their evaluation. Studying the nature of the causal relationships resulted in determining the evolution of business processes in the wholesale trade of Ukraine. It is proven that wholesale trade has its own development life cycle, which causes a need to improve business processes under modern conditions of implementing the processes of purchase and sale, and interaction of economic entities. Key problems in managing business processes at the wholesale enterprise, their consequences and possibility of eliminating the «bottlenecks» arising in the activities of wholesale enterprises are determined. A mathematical model of causal relationships in managing business processes at the wholesale enterprise that can be unified for all domestic enterprises of Ukraine is suggested. Prospects for further research in this direction are identifying parameters for evaluation of the resource potential of wholesale enterprises that affect the results of their operations. Further development of the methodological approach to evaluating causal relationships in economic processes occurring at wholesale enterprises can significantly improve the system for managing business processes at such enterprises.