On the issue of the price situation in the Russian food market

Makhova A.V.1, Shiposha M.A.1
1 Кубанский государственный университет — филиал в г. Славянск-на-Кубани

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Journal paper

Russian Journal of Entrepreneurship *
Volume 18, Number 20 (October 2017)
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Makhova, A. V., & Shiposha, M. A. (2017). On the issue of the price situation in the Russian food market. Russian Journal of Entrepreneurship, 18(20), 3047-3058. https://doi.org/10.18334/rp.18.20.38419

Abstract:
The article includes the analysis of dependence between the main indicators of financial efficiency of the largest Russian enterprises engaged in the production of food products and market prices for these products. This analysis shows how different parameters of companies’ annual financial results correlate with each other, what changes occur with market prices for products with a decrease or increase in these variables and what external and internal environment factors have a significant impact on these processes, contributing to the data changes. We've calculated the indicators of annual revenue of enterprises, their net profit and net loss, and revealed market prices for their products as compared to average Russian prices, characterizing the degree of influence of relevant factors in the production of various products on the territory of the Russian Federation. The study will help entrepreneurs to manage and plan their further effective development.

Keywords: entrepreneurship, price, production, business, enterprise, pricing factors, food, revenue, net profit

JEL-classification: Q13, D46, D11

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References:

Shiposha M.A. (2016). Faktory, opredelyayuschie tsenoobrazovanie na selskokhozyaystvennuyu produktsiyu v Krasnodarskom krae [Factors that determine the pricing of agricultural products in the Krasnodar Territory]. Modern scientific research and development. (7). 565–569. (in Russian).
Shiposha M.A. (2016). K voprosu o gosudarstvennom regulirovanii tsen na selkhozproduktsiyu [On the issue of state regulation of agriculture products' prices]. Economics, sociology and law. (11). 149–162. (in Russian).
Сельское хозяйство в России: итоги 2015 г. – 1 полугодия 2016 гRa-national.ru. (in Russian). Retrieved September 09, 2017, from http://www.ra-national.ru/ru/node/59135

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