The Importance and Necessity of Efficient Utilization of Intangible Assets and Material Resources in Industrial Enterprises

Abstract

This article analyzes the importance and necessity of the economical use of intangible assets and material resources in the activities of industrial enterprises. It is emphasized that the rational use of resources serves to increase the efficiency of the enterprise, reduce production costs, ensure competitiveness and strengthen financial stability. It also considers such positive effects as environmental responsibility, innovative development and increased labor productivity. It is shown that the necessity of this approach is associated with the global economic situation, the growth of natural resource prices and state policy. The article justifies the importance of developing a strategy for the rational use of resources for industrial enterprises.