№1 (48), 2019. ECONOMICS

S.A. Leonov

Specifics of determining the company’s effectiveness at nonlinear dependence of costs and benefits

The author proposes an author's approach to the analysis of the economic efficiency of quality management, which can be applied to a product in dynamics, when the product is compared by the level of properties at different time periods, and also in a statics, when the product is compared with other comparable products. Example shows how it is possible to establish acceptable cost effectiveness bounds due to quality management processes in the enterprise. In connection with the development of the principles of the "digital economy", it is also considered the possibility for enterprises to obtain cost savings not only as a result of the implementation of investment projects, but also as a consequence of saving the capital investments themselves.

Keywords: economic efficiency, quality management, criterion of effectiveness, investment analysis.

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