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
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