Abstract of the discipline:

Firm is a commercial organization that operates on a for-profit basis and participates in selling goods or services to consumers. The management of a business firm will typically develop a set of organizational objectives and a strategy for meeting those goals to help employees understand where the company is headed and how it intends to get there. Economy of firm is an interdisciplinary science. It refers to issues of economic activity in various sectors of the economy (industry, construction, trade, services and others.). It takes into account the relationship with other economic units, with adjacent economic areas.

Structure of the course:

• Differences between firms, enterprises and organization
• The classification of enterprises according to different criteria
• General characteristics of different enterprises
• The company as an open system
• Indicators of business results
• Performance Indicators
• The concept of amortization
• The structure of working capital
• The concept of production and commercial cycle
• Working Capital Management.
• Costing
• Determination of the company's profit and the basic directions of its use.