INTERNAL CALCULATION IN TERM BUSINESS DECISION MAKING

Jugoslav A., Miloje J., Jasmina Đ., Srećko R., Živojin P. Aničić, Jelić, Đurović, Radoičić, Prokopović
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Jugoslav A., Miloje J., Jasmina Đ., Srećko R., Živojin P. Aničić, Jelić, Đurović, Radoičić, Prokopović: University Union Nikola Tesla, Faculty of Construction Management

No 2014-01, Ekonomika, Journal for Economic Theory and Practice and Social Issues from „Ekonomika“ Society of Economists, Niš (Serbia)

Abstract: Business-financial decision making represent prime activity of top management. Growing complexity in the business ,market and rapid technological change require fast and appropriate answer of top management. Confident and efficient system of internal calculation gives confident base, for making financial decision and strategic as well. Companies of industrial sector in Serbia can significantly improve their business performance by improving internal calculation systems. The preservation and strengthening market position of a company can only be achieved by continuous cost control, based on reliable accounting, and adequate system of internal calculation.

Keywords: internal calculation; business decisions; management; competitiveness (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2014-04
New Economics Papers: this item is included in nep-acc and nep-bec
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Persistent link: https://EconPapers.repec.org/RePEc:esb:casprv:2014-113

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