The application of principal component analysis method in determining the key perfomance indicators for estimation of sectoral and regional risks of SMEs
Abstract
In the article by application of the method of principal component analysis presented a study for reducing the dimension number of quantity of the indicators to estimate the sectoral and regional particularities in the implementation of financial and economic condition of small and medium-sized enterprises, which allowed to determine linearly independent and mathematically informative indicators (KPI).
Keywords
social and economic structure, way of production, production relations, ownership of the means of production
