Statistical Methods in the Enterprise Development Management System

Abstract

The article suggests a theoretical generalization of using statistical methods in the enterprise development management system. It is noted that the collection, arrangement and analysis of information on the current state and development perspectives of an economic entity is one of the most important enterprise development management instruments. That is, modern management methods require a reliable information supply, creation of a new strategy for collecting, processing and analyzing information. Statistical methods have been systematized according to their intended function. Statistical methods have been characterized within the enterprise development management system. The interrelation between the use of statistical methods and enterprise development management system is proved. An example of using statistical methods in managing financial risks at an enterprise is given. It is noted that while using statistical methods in financial risk management one should focus on the greatest possible unification of the existing risk level assessment that is revealed in the creation of universal parameters characterizing the size of the probable loss. It is also determined that the index method of enterprise management system is becoming more and more popular, taking a special place among statistical methods due to its simplicity and capacity to solve complex problems. Statistics is identified as an integral part of any enterprise management system, as it determines the dynamics of growth or decline in its development. That is, the systematic use of statistical methods is the key to qualitative and professional management and a quality and professionalism attribute of enterprise management. Conclusion is made that complex use of statistical methods makes it possible to identify and verify the causal links between social phenomena and processes, determine the influence and interrelations of various factors, justify managerial decisions, assess their efficiency, predict possible economic results of various situations occurring in the financial and economic activity of an enterprise.

Keywords

• management system
• statistical methods
• development
• provision