Relevant issues of management, economics and economic security
- Authors:
- Natalia S. Semina, Daria I. Nazarova, Leonid R. Nikulin, Iuliia S. Tsertseil
- Work direction:
- Анализ и прогнозирование основных тенденций современной экономики на макро-, мезо- и микроуровне
- Abstract:
- Businesses need to rely on strategic financial planning when taking decisions on managing operational activity to navigate through turbulent times, as a well-planned budget, can provide the company with ability to allocate resources effectively, prioritize initiatives, and develop long-term strategic plans. In this article methods of strategic financial planning in operational activity are applied for the FESCO group, in order to identify internal and external factors affecting its financial performance, make predictions on further development of the company and propose the main ways to improve it.
- Keywords:
- financial planning, operational activity, company analysis, financial coefficients
Relevant issues of management, economics and economic security