THE EFFECT OF ADMINISTRATIVE AND FINANCIAL MANAGEMENT ON THE RESULTS OF CRAFT BREWERY COMPANIES, A CASE STUDY: NORDIC COMPANY

Abstract

The purpose of the National Artisan Defense Board in Ecuador is to give benefits to artisans so that this sector can grow and prosper, in parallel to these companies they are considered within the group of SMEs, the same ones that adapt quickly to the market as well as to the needs of the client, therefore, they are the most important economic units for the generation
of employment within an emerging economy, in this context, the present research work focuses on the administrative and financial analysis of this commercial sector, taking information from the craft brewing company Nórdica Cia Ltda, the same
one that will be a reference for similar companies within the city of Cuenca; the methodology had a mixed approach, nonexperimental
and cross-sectional, where the qualitative began with the review of the literature on labor law, social security, socioeconomic reality, and the quantitative proceeded with the analysis of the financial economic information of one month, mathematical calculations were finally applied using the GeoGebra software, the descriptive method was also used to learn
about the company’s processes and procedures. As the most relevant results, it was determined that the artisanal brewing sector enjoys both tax and labor benefits, its current permanence depends a lot on using social networks to expand its market,
In terms of accounting, the analysis indicates that it is a profitable activity where the investment can be recovered in the first years, reinvest in raw materials to increase production and marketing, it was also determined that the best inventory control will be with the application of IAS 2 finally applying mathematical models such as the break-even point will influence proper decision-making.