Lietuvos apdirbamosios gamybos įmonių pelno pokyčiai 2001–2021 m.

Authors

  • Liana Uleckaitė Šiaulių valstybinė kolegija / Higher Education Institution
  • Rasa Balvočiūtė Šiaulių valstybinė kolegija / Higher Education Institution

Abstract

This text discusses the concept of processing manufacturing companies and explores the factors influencing the profit changes in these companies from 2001 to 2021. It defines production as the transformation of raw materials or parts into finished goods using tools, human labor, machines, and chemical processing. Manufacturing is a significant part of the economy, involving the processing and refining of raw materials into final products, such as furniture and processed food, adding value to these materials. The efficiency of production can be increased by improving quality, updating equipment and procedures, setting realistic goals, and streamlining acceptance, supply chain, and distribution channels. The concept of processing manufacturing companies is then introduced as entities that process raw materials or combine parts into a new product using technology and human labor. The text highlights the impact of various factors on profit changes in these companies over the 2001–2021 period, including the 2008 global financial crisis, the 2020 COVID-19 pandemic, business expansion (globalization), and the adoption of new technologies

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Published

2023-12-21