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Planning In Conditions Of Slovak Republic Companies

Author

Listed:
  • Katarína ÄŒulková
  • Adriana Csikósová
  • Jaroslav Janek

Abstract

Success of the company is influenced by the ability to use disposal sources effectively and at the same time to adapt to the changes in its environment. Prediction of changes and their including to the future goals achievement in various time horizons is part of the planning. Company that uses planning increases effectiveness of its business. Importance of planning lies in the decreasing of bad decisions risk and by this way also increasing of possibilities for successful goals achievement. 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 of planning in conditions of Slovakian companies according their volume and functional parts of the plan 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. Camelia Burja Decemrie, 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.
    2. 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.
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    More about this item

    Keywords

    financial planning; functional plan; planning process;
    All these keywords.

    JEL classification:

    • G - Financial Economics

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