Strategical indicators for financial resources of industrial enterprises: tools of prediction
Abstract
Purpose and subject of researchThis article describes the features of strategy management of an industrial enterprise financial resources, the conditions for increasing its efficiency and proposed economic- mathematical model of the mechanism of forecasting indicators strategic financial management of an industrial enterprise, which improves the efficiency of operation of the business through improved management of financial resources , to improve the accuracy and timeliness of management decisions based on a scenario assess the economic impact of the use of different measures for financial management of an industrial enterprise.Research methodologyThe theoretical framework is based on the methods of system analysis to the business management of the financial sector, innovative models of financial management, modern methods of economic cybernetics.Value resultsThe main of this model are five scenarios for allocating financial resources of the industrial enterprises in the respective activity.ConclusionsAccording to the results of simulation experiments, we can conclude that the application of the economic-mathematical model to minimize the cost of financial resources and the value of their involvement. Addressing financial management is the foundation of efficiency, competitiveness and financial sustainability of the Ukrainian industrial enterprises.Key words: industrial enterprises, financial resources, strategies indicators, mechanism of prediction.References
Financial Management: Theory and Practice / Sub. eds. O.S. Stoyanova . - M.: Perspective, 2001. - 401 p.
Tereshchenko A.A. Financial sector entities : Tutorial / A.A. Tereshchenko. - K.: MBK, 2003. - 554 p.
Sumets A.M. Strategies of modern enterprise and its economic security : tutorial / A.M. Sumets , M.B. Tumar . - K. "Long - TekPres ", 2008. – 400 p.
Yastremskaya A.M. The quality of the formation of the financial strategy of the enterprise / A.M. Yastremskaya , A.V. Grynyov / / Finance of Ukraine . - 2006. - № 6. - P. 121-128 .
Alminova Z.F. The financial strategy of the company formation, development and maintenance of stability . / Alminova Z.F. - Moscow: Sputnik + Company, 2002. - 536 p.
Berezin A.V. Business Strategy : Manual / A.V. Berezin, M.G. Bezpartochnyy . - K.: Lyra - 2010. - 224 p.
Tymokhyn V.M. Modeling economic dynamics methodology : Monograph / V.M. Tymokhyn . - Donetsk : LLC " South- East Co., Ltd. ", 2007 . - 269 p.
Copyright (c) 2014 Vera Serdyuk, Marina Zorina
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
All rights reserved for authors with articles of printed version of ISJ "Economic Cybernetics" (ISSN 2077-8031).
Copyrights of published works are retained by the author(s) but with first publication rights granted to Donetsk National University. Further, in case of any plagiarism issue author(s) hold(s) complete liability.
Online version of ISJ "Economic Cybernetics" (ISSN 2312-5837) is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Permissions beyond the scope of this license may be available at http://ec.projects-manager.com.