Methodical Approach to the Planning of Expenditures Related to the Primary Activity of Industrial Enterprise
Journal Title: Бізнес Інформ - Year 2015, Vol 5, Issue 0
Abstract
Today, in most industrial enterprises, planning is hardly considered a tool for optimization of expenditures related to the primary activity, and this is not in the right way. Because planning allows to the managers of enterprises to seek and find the most effective directions of activity, the most stable customers and suppliers, the best directions to minimization of expenditures related to the primary activity, since on these basic criteria depend the further operation and development of enterprises. In the article, methodical approach to planning the primary activity expenditures has been elaborated, which includes: building common risk indicators in the short-and long-term activities, allowing to identify key risks and calculate their share in the overall risks of enterprise; determining values of the risks through a combination of verbal risk values and the qualitative characteristics of risk, which gives the opportunity to substantiate the general risks in the short and long-term activities; a combination of short-term and long-term activities risks due to the use of the matrix approach, which allows to build a management matrix with consideration of risk in terms of the operational, tactical and strategic planning. Thus, the built matrix provides for determining the kind of planning in terms of combination of risks related to short-term and long-term activities aimed at effective planning of expenditures.
Authors and Affiliations
Evhenii Korshunov
Keywords
Related Articles
- EP ID EP89597
- DOI -
- Views 102
- Downloads 0
Basic Framework for Building a System of Indicators of Innovation Development of Industrial Enterprise
The article is aimed at substantiation of the methodological approaches and practical recommendations on building a system of analytical tools for management of innovative development of industrial enterprises. A schemat...
Energy Conservation as a Factor of Improvement of Industrial Enterprises Competitiveness
The main aim of the paper is to study the process of energy conservation and the development of measures to improve energy efficiency and industrial competitiveness. The article also focused on the high energy intensity...
Indicators of the Aggregate Financial Potential of Ukraine
The article is aimed to suggest and substantiate both the indicators of the aggregate financial potential of the country and the approaches to their definition and calculation. The article examines and proves importance...
Analysis of Domestic and Foreign Experience of the Bank's Lending Operations
The paper considers approaches for credit transactions in the domestic credit market. Also identified examples of international experience of lending.
The Economic Discourse of the Current Reform Aimed at Business Optimization in Ukraine
The aim of the article is to study the strengths and weaknesses of the current reforms and provide appropriate recommendations and proposals to improve the regulatory and economic business environment. The article analyz...