Selection and identification of a by-product coke plant (BPCP) management tool
AbstractThe degree of achievement of its goal by a company depends on many factors, including on its management tool. Economic science offers a big selection of such tools, but, as the analysis has shown, not all of them could be applied at a BPCP. The goal of the article is to identify a BPCP management tool, which would take into account its technological and organisational specific features. Due to specific industry (complexity of a production complex and continuous nature of production) and organisational factors (ascription of BPCP to vertically integrated structures (holding) of a mixed type and technocratic type of management), the tools, the object of management of which are relations with clients and strategic changes at a BPCP, cannot be used. In order to achieve BPCP goals - minimisation of costs and maximisation of money funds - it is necessary to use tools, the object of which is operation activity of a company, taking into account conditions of their use. Such tools could include: controlling, management by goals, key indicators of effectiveness and budgeting. Under conditions when a holding company has a limited nature of influence upon formation of its income and cash flows, but at the same time has a possibility of independent operative management of financial activity, only efficient management of costs and finances can guarantee survival of the company. Budgeting meets these requirements. It could be used in a combination with controlling, which is an information provision of managerial decision making and management by goals, and key indicators of effectiveness, which are rules (recommendations) of identification of the system of indicators of activity of subdivisions.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.
Volume (Year): (2013)
Issue (Month): 7 ()
Contact details of provider:
Web page: http://www.business-inform.net
management tool; by-product coke plant; budgeting;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexey Rystenko).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.