The Need to Implement a Process-oriented Approach as a Mechanism to Improve Budget Management System
Journal Title: Економічний часопис Східноєвропейського національного університету імені Лесі Українки - Year 2016, Vol 3, Issue
Abstract
The article substantiates the need to improve budget management through the introduction of a process-oriented approach. Built a conceptual model of effective management of a trading company in the transition to process-oriented budget management. Presents the process of transition from a traditional to a process-oriented budget management, including six stages. Each stage is characterized by a clear sequential shift. So in the process of implementing this mechanism conceptual model was built effective management of a trading company in the transition to process-oriented budget management; description of business carried out activities of commercial enterprises; It developed a business process system and the definition of the functions of each of them; formed a chain of creation of enterprise value; developed mechanisms for budget management system restructuring and the organizational structure in the transition from traditional to activity-based budget management; described the allocation of responsibility for business processes budgets. In order to determine the feasibility study developed a mechanism of transition disadvantages in the traditional budget management in the pros in the transition to process-oriented.
Authors and Affiliations
Larysa Frolova, Olga Bragina
Keywords
Related Articles
- EP ID EP433632
- DOI 10.29038/2411-4014-2016-03-89-97
- Views 129
- Downloads 0
Development Strategy and Determinants of it
The effective strategy of the development depends on the owners and employees. So, the company needs to develop a system of determinants, which transform strategic goals into operational actions of employees. That will a...
Scientific Approaches to Definition of Essence of Ecological-economical Security of the Enterprise
In article scientific approaches to definition of essence of safety in general and ecological-economical security in particular are considered. On the basis of generalization of the received results the main signs of eac...
JAPANESE MODEL OF CORPORATE GOVERNANCE BY ENTERPRISE STRUCTURES
The essence of the Japanese model of corporate management of entrepreneurial structures is considered. Identified signs of corporate governance in Japan. It is noted that the corporate governance philosophy of Japan is b...
ASSESSMENT OF THE SAFETY OF BUSINESS FUNCTIONING IN UKRAINE
The article reviews the safety of business functioning in Ukraine. The statistical data on the number of subjects of entrepreneurship by size and the results of their activity are analyzed. Small and medium-sized enterpr...
Foreign Experience of Pay in the Education System
In the article indicators of minimum and maximum wages in Ukraine and its neighboring countries are considered. Groups of kinds of economic activity, in which education got depending on salary (the first author’s method)...