When talking about an enterprise, use the concept of"expenses". This term refers to the different costs of the organization. The cost is the cost of the resources used by the enterprise. In other words, the costs are based on the application of all that makes up the company's assets.
Enterprise resources and their types
The company to achieve its goals,satisfaction of their needs and the needs of third parties uses different means. Types of resources include intangible assets, fixed assets, stocks of goods, raw materials, materials, work in progress, receivables, financial resources and so on. Simply put, all these funds are represented in the company's assets.
The types of resources of the enterprise are divided into financial and production resources.
The first include money, securities, share in the authorized capital of other organizations, financial investments and so on.
The peculiarity of these means is that they can notbe used directly in production. Moreover, financial resources can not be created within the enterprise. Their formation and application occurs when the organization interacts with the external environment.
Production means are such kindsresources that are used or created (in the process or as a result of production) directly within the organization. These means, in particular, include finished products, in-house services and jobs, materials and so on.
If we talk about the successful operation of the company as a whole, then the financial and production types of resources are important.
If more attention is paid to profitability,then in the first place production assets. They have their own classification. In particular, production types of resources can be used and output.
The funds used are applied within the organization and do not go beyond it. These include fixed assets, materials, labor, work and services within the production.
Output assets include finished goods,incomplete production, services and work carried out "on the side." In other words, these funds are implemented in the external environment, go beyond the organization.
At the same time, it should be noted that the same assets of the enterprise can be referred to as output, and to the funds used.
The resources used, in turn, are divided into secondary and primary.
The latter include funds coming to the company from the external environment. These include work and services of third-party organizations, fuel, labor, materials, raw materials and so on.
Secondary funds are formed within the production. They are mainly attributed to the main assets formed by the company's own forces, internal work and so on.
The organization's activities area continuous circulation of resources. So, the financial resources go into production and vice versa. The transformation of means and their movement, the connection of the organization with external actors, experts illustrate with the help of a "transformational" (transitional) process.
In the supply market, the transfer of funds to production is carried out. For example, material is purchased for money.
Within the company, transformationprimary resources to secondary ones. For example, the acquired material is transformed into a part that is subsequently used to create the product (output means).
On the sales market, the transition of the outputresource in financial resources. For example, products are sold with a certain delay of payment and is transformed into a financial asset - a receivable.
