Benchmarking as instrument of effective banking activities

Authors

A. Z. Tolstova
Kuban State University, Russian Federation
A. V. Getmanova
Kuban State University, Russian Federation

Abstract

Benchmarking is the most effective innovation. Innovations that are increasingly used in the marketing abroad and in Russia. Actuality and insufficient development of theoretical and practical issues of the problem benchmarking requires research in this area. The article discloses the meaning of the term «benchmarking» and presented its forms. The article presents the reasons for failure and ways to automate the process.

Keywords

mathematical modeling, probability, bankruptcy, Altman model, the mean integrated squared approximation, membership function

Authors Info

A. Z. Tolstova

PhD in Economic Sciences, Associate professor of the Department of World Economics and Management at Kuban State University

A. V. Getmanova

student of the Department of World Economics and Management at Kuban State University

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Article Details

Issue

2015 · No. 3 (39)

Section

Banking

Publication History

Published 2015-10-15

How to Cite

[1]
Tolstova A.Z., Getmanova A.V. Benchmarking as instrument of effective banking activities // Economics: Theory and Practice. 2015. No 3 (39). С. 62–66. URL: https://etip.kubsu.ru/article/view/230

License

Copyright (c) 2025 A. Z. Tolstova, A. V. Getmanova

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.