Diana V. CHEREMYSYNOVA, Elena A. POSNAYA, Elena L. GRINKO, Albina A. PLINER and Dmitry S. RYABCHENKO
Sevastopol State University, Russia
Volume 2021 (12),
Article ID 37175321,
Economic Perspectives - Challenges, Strategies, and Policy Implications: 37ECO 2021
Abstract
The purpose of the work is to develop a methodological toolkit for assessing the influence of factors on growth of enterprises in wine industry. For non-public enterprises, it is proposed to consider the rate of revenue growth as an indicator characterizing economic development. Specific factors were identified, reflecting industry characteristics of wine-making enterprises, and a model was formulated to assess influence of factors on the performance indicator. In order to assess the influence of factors and identify the most significant of them, enterprises were grouped into 7 clusters based on the size of their assets, revenue, debt capital and turnover of current assets. When conducting factor analysis, it was found that the influence of factors on the effective indicator is not the same for enterprises included in different clusters.
Keywords: Cluster Analysis, Profitability, Net Profit, Enterprise Development