Diversification of production

Diversification of economic activity is the expansion of the activity of large firms, associations, enterprises and entire industries beyond the core business, which is understood as the production of goods and services that have the maximum share in net sales compared to other types of products. Diversification – in a broad sense – a strategic […]

Concept, composition and structure of fixed assets

To carry out production and economic activities, enterprises must have fixed and working capital, which differ in their functions in the production process and the nature of participation in the formation of the value of goods. The processes of their consumption and renewal are also different. Fixed capital – buildings, structures, equipment – serve for […]