Evaluation of Economic Competence of Manufacturing Enterprises

Today, in the conditions of globalization and liberalization of the national economy, prevailing in the era of scientific and technical progress in all parts of the world competition has a significant impact on industrial potential. By increasing the economic potential of the country’s industrial enterprises, the needs of the population for industrial products are met. The unlimited needs of the population and limited resources require industrial enterprises to effectively use the available opportunities and potential. On the basis of effective use of the economic potential of enterprises, increasing competitiveness, ensuring socio-economic development and sustainable economic growth are achieved. According to the ranking of world countries, the share of industry in the world GDP is on average 30.0%, 40.5% in China, 25.1% in the European Union, 41.0% in Indonesia, 32.4% in Russia, 32.4% in India 23.0%, and 32.3% in Turkey.