ANALYSIS OF PARAMETERS OF BUSINESS PROCESSES OF THE SOCIO-ECONOMIC SYSTEM BY THE PRINCIPLE COMPONENT ANALYSIS

Abstract

The article deals with the analysis and forecasting of business processes of the socio-economic system
in the process of its development. The study objectives is the process of obtaining qualitative assessment of
relations between the factors of production. The modeling of business processes of the socio-economic system
is carried out by the method of proper state, which is one of the directions of the development of the
principal components analysis. The allocation of a state of business processes is carried out in accordance
with the requirements imposed on standard business processes. The examination of indicators which characterize
the business processes is conducted by the principal component analysis. The proposed method helps to
conduct the quantitative evaluation of the relations between the factors of production, construct the economic
and mathematical model of the social and economic system activity. The considered model is a promising
tool for forecasting, planning, comprehensive analysis and evaluation of the effectiveness of the business
processes of socio-economic systems in the process of their development. The effectiveness of the method of
proper states is demonstrated on the example of the efficiency of business processes of the industrial enterprise
development.