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Planning In Conditions Of Slovak Republic Companies

Author

Listed:
  • Katarína ÄŒulková

    (Technical University Košice Slovakia)

  • Adriana Csikósová

    (Technical University Košice Slovakia)

  • Jaroslav Janek

    (Glunz & Jensen s.r.o. Prešov Slovakia)

Abstract

Success of the company is influenced by the ability to use disposal sources effectivelyand at the same time to adapt to the changes in its environment. Prediction of changes and theirincluding to the future goals achievement in various time horizons is part of the planning. Companythat uses planning increases effectiveness of its business. Importance of planning lies in thedecreasing of bad decisions risk and by this way also increasing of possibilities for successful goalsachievement. Success of business has its reflection in the financial situation of the company,according which company builds the system of financial planning. Paper deals with research ofplanning in conditions of Slovakian companies according their volume and functional parts of theplan with resulting of recommendation for plans improving.

Suggested Citation

  • Katarína ÄŒulková & Adriana Csikósová & Jaroslav Janek, 2013. "Planning In Conditions Of Slovak Republic Companies," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(15), pages 1-13.
  • Handle: RePEc:alu:journl:v:1:y:2013:i:15:p:13
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1520131/13.pdf
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    References listed on IDEAS

    as
    1. Briciu Sorin & Scorte Carmen, 2010. "Cost Volume Profit Model, The Break -Even Point And The Decision Making Process In The Hospitality Industry," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 839-845, December.
    2. Camelia Burja, 2011. "Factors Influencing The Companies‘ Profitability," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(13), pages 1-3.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    financial planning; functional plan; planning process;

    JEL classification:

    • G - Financial Economics

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