Resource-Based Approach as a Direction for Strategic Analysis of the Financial Potential of Enterprise

Journal Title: Бізнес Інформ - Year 2015, Vol 12, Issue 0

Abstract

The article is concerned with the resource-based approach as an important direction in the strategic analysis of the financial potential of enterprise. The author has defined that: the resource-based approach aims at identifying the uniqueness of each enterprise, resulting in additional competitive advantages while using the differences between the resources available. This has provided the need to improve the framework of categories and concepts in the context of clarifying the concept of «strategic financial resources». It has been determined that in a strategic analysis of the resource component of the financial potential can be logical to apply the resource-efficient concept that provides to assess the transformation of the financial resources of enterprise into the financial results. It has been concluded that achieving synergies when implementing the financial potential of the company is possible only if strategic financial resources will be combined with other elements of the financial potential (human, institutional and informational components). This will facilitate development of enterprise along with ensuring its steady competitive advantages.

Authors and Affiliations

Iryna Saukh

Keywords

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  • EP ID EP164363
  • DOI -
  • Views 74
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How To Cite

Iryna Saukh (2015). Resource-Based Approach as a Direction for Strategic Analysis of the Financial Potential of Enterprise. Бізнес Інформ, 12(0), 184-188. https://europub.co.uk/articles/-A-164363