THE METHOD OF FORECASTING THE EFFICIENCY OF THE ACTIVITIES OF THE ORGANIZATION IN THE SPHERE OF THE RESTAURANT INDUSTRY

Abstract

In the context of successful business operation, the control and analytical system should provide the enterprise with all the necessary elements of control and analysis that will allow it to adjust its activities in order to achieve economic efficiency. Forecasting is an integral part of the control and analytical system of enterprises of various types; this type of event allows stakeholders and management personnel to successfully build a development strategy, as well as promptly respond to external and internal changes in the industry. Forecasting in the restaurant business is based on preliminary research and factual data that allow you to build a forecast model of the organization's efficiency. As part of the formation of control and analytical support for the strategic development of an enterprise in the restaurant industry, it is necessary to promptly carry out procedures for collecting and analyzing industry information, competitors' activities, as well as a number of other external and internal factors.