PROFITABILITY OF AGRICULTURAL TRADE INTERMEDIATION SERVICES IN NORTH WEST ROMANIA
Abstract
The intermediation activity in the agricultural trading, by its currently operating businesses, is contributing to the development of service economy mainly towards other businesses, at national level. Each participant develops its activity within a dynamic competitive environment. Active market participants are characterised by the varying number of participating companies, turnover rate, but mostly by means of their profitability indicator ratios. Profitability ratios – profit margin, return on assets and consumed resource profitability index – enable a characterisation of economic units by means of effect to effect or effect to effort ratios. Evaluating the batch competitors is a complex activity, that is achieved by using a bunch of work tools, information and methods. By using the turnover metric we are able to establish the competitive position of the market participant, but the results, that is, the effects, come to complete and enable us to establish, at one point, the average value of profitability ratios.
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