Economic and Financial Analysis in the company of construction materials in Las Tunas
This paper shows an economic analysis – in Financial Construction Materials Company located in the municipality of Las Tunas, it is of great importance for the province to the country for the products they offer and the services it provides.
The situation analysis was made on economic and financial data from financial statements of 2005, compared with the year 2004, assessing different rates as the reasons of liquidity and activity.
This research was conducted in two chapters: Chapter 1 Theoretical Basis, Chapter 2 Financial Analysis. And concluded that the company works efficiently in the year being analyzed but still some shortcomings which are focused towards recommendations to improve performance and progress in the ongoing struggle to achieve economic efficiency.
Introduction
Accounting has the task of providing data to the management to undertake the planning, administration and management, in addition to information to all users, both internal and external. The importance of accounting data has taken on greater weight as they have refined the theories of scientific management, which requires a flow of truthful and accurate information. The information is therefore a powerful tool of management. The intelligent use of this information will probably only be achieved if decision makers in companies understand the essential aspects of the accounting process, which ends with a final product, the financial statements and analysis of such states, to know the reality behind that information.
“… We stand for socialism can only be sustained with a state company as strong and effective as the best private companies. “
Given the above background, and the extraordinary importance of financial analysis: Is it economically efficient financial management of the Building Materials Corporation of Las Tunas?.
For a solution to the problem was to assess the economic situation of the firm of Building Materials of Las Tunas, based on indicators of liquidity and activity. The correct use of information provided by financial statements to assess the efficiency of economic management of the firm.
The work is structured as follows:
Chapter 1 Theoretical Basis: the concepts of analysis, techniques, methods of analysis and reasons such as liquidity and activity.
Chapter 2 Financial Analysis of Enterprise Construction Materials of Las Tunas: refers to the calculation and analysis of financial reasons.
How to manage change in alignment of the Personal Balanced Scorecard (BSCP) for the business organization that pretends to be intelligent?
The Balanced Scorecard is a methodology that helps organizations to monitor and control indicators measuring the implementation of strategic objectives within the financial, customer, internal processes, learning and growth.
The Personal Balanced Scorecard is about the mission and vision, with the critical success factors personal to the personal goals with the goals and performance measures personnel, the actions of personal improvement, focusing on financial stability (financial perspective ), a good relationship with coworkers, family, friends and others (customer perspective), good physical and mental health (internal perspective), the ability and capacity to learn (and learning perspective growth).
Before having a sustainable business should align the Personal Balanced Scorecard (BSCP) with the Balanced Business Scorecard (BSCE). Change in attitude will lead to individual change in the management of the organization. Resistance to change can be minimized with the individual and collective learning, in a spirit of communication, internal commitment, with inner peace, with preconceived ideas, with confidence, with perspectives and taking into account the following procedure:
1) to probe whether the staff is prepared for change.
2) Schedule meetings with your employees to effectively inform and discuss the competitive advantages of the Balanced Scorecard to align with the Corporate Staff.
3) Indicate that a change is needed and the company must be convinced of the need to align the BSCP the BSCE.
4) Explain clearly the advantages for employees if their pay is aligned with the company.
5) involving the participation of employees in strategic planning.
6) Gratifique those that produce results.
7) Provide a strong identity in the process of aligning the BSCP in BSCE so that employees feel they have a goal to accomplish.
Start with one department or business unit to assess the results more quickly.
9) Begin the process of continuous improvement of learning and growth in leadership positions and then by stages to reach the most basic levels.
10) Development of competencies aimed at creating synergy teamwork.
11) Understand the process and the result of managing the risk of BSCP alignment with BSCE.
12) Report and is the company with its competitors.
13) Explain the threats to the company and how the Personal Balanced Scorecard is aligned to the business may face.
14) Use a BSCP and Corporate Software 100% web-driven with all levels of information security so that you can enter the global economy.
As can be seen, it is important to align with the Personal Balanced Scorecard Balanced Scorecard Business taking into account the change management.
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How to Set Up Wonderful Outdoor Vacation
Holiday comes infrequently in a year. It seems to be sacred moment where people dream of having a lot of fun inside. That’s why, different ways of spending vacation never escape from the concern of those holiday makers mania. If great impression were the concern, the insight on how to set up wonderful outdoor vacation would be valuable.
Owing to the fact that most of city residents are busy with jobs at work five to six days a week, they become so bored with teasing noise of vehicles and high floors of skyscrapers. Outdoor scene comes to be a better choice to pleasingly waste the period of day off. A few American outdoor places deserve some experiments from those holidaymakers.
There are lots of fun can be made at such convenient place. American outdoor allow the visitors do some camping, hiking, spelunking caves, and many more challenging programs. The category of activity will in line with the destination of place chose. Fresh air of surroundings and natural scene of environment are going to release one’s burden and stress staying in minds. That’s why outdoor vacation is more preferable for the city residents. This simple insight on how to set wonderful outdoor vacation might inspire you to find out further what place to visit and where. Have a nice time.