Financial Management in Different Economic Sectors. Theoretical and Ethical Approaches
Financial Management in Different Economic Sectors. Theoretical and Ethical Approaches
Author(s): Gulzira SERIKOVA, Ainura Omarova
Subject(s): Economy, Business Economy / Management, Agriculture, Accounting - Business Administration, Business Ethics
Published by: ASERS Publishing
Keywords: financial management; banking; agriculture; environment of organization;
Summary/Abstract: A financial manager at any time should: know exactly necessary and expected amounts in the accounts of the company during weeks, as well as within a month, quarter, year; to be sure that the company is the optimal formation of cost, reasonable pricing; know how the maximum financial result is achieved, aimed at company value growth. With the expansion of the enterprise financial management is much more complicated, but even more. The role of effective financial management is growing.This tutorial shows the scope of the application financial management to business leaders and financial experts were able to assess the completeness and degree of financial planning and management in its business subject, the management of financial flows and, financial system stability in unstable conditions of the Kazakhstan economy.
- E-ISBN-13: 978-606-8689-42-5
- Print-ISBN-13: 978-606-8689-41-8
- Page Count: 186
- Publication Year: 2019
- Language: English
INTERNAL AND EXTERNAL ENVIRONMENT OF ORGANIZATION
INTERNAL AND EXTERNAL ENVIRONMENT OF ORGANIZATION
(INTERNAL AND EXTERNAL ENVIRONMENT OF ORGANIZATION)
- Author(s):Gulzira SERIKOVA, Ainura Omarova
- Language:English
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
- Page Range:7-34
- No. of Pages:28
- Keywords:internal environment; external environment; organization;
- Summary/Abstract:Every organization needs to be perceived as operating in an environment. Organizations are neither self-sufficient not self-contained. Rather they exchange resources with and dependent upon external environment. External environment can be defined as all the forces and conditions outside the organization that are relevant to its operation and influence the organization. Organizations take inputs (raw materials, money, labor and energy) from the external environment, transform them into products or services, and send back as output to the external environment. The other environment is internal which can be defined as all the forces and conditions within the organization that influences its behavior. Thus, environment can be broadly classified into internal environment, and external environment.
- Price: 25.00 €
ADOPTION OF MANAGEMENT DECISIONS
ADOPTION OF MANAGEMENT DECISIONS
(ADOPTION OF MANAGEMENT DECISIONS)
- Author(s):Gulzira SERIKOVA, Karlygash Kenenova, Almagul DOSHAN, Murat NURGABYLOV
- Language:English
- Subject(s):Economy, Business Economy / Management, Micro-Economics, Accounting - Business Administration
- Page Range:35-58
- No. of Pages:24
- Keywords:decision-making; methods; payment matrix;
- Summary/Abstract:Decision making is the mental process of choosing from a set of alternatives. Every decision-making process produces an outcome that might be an action, a recommendation, or an opinion. Since doing nothing or remaining neutral is usually among the set of options one chooses from, selecting that course is also making a decision. While they are related, problem analysis and decision making are distinct activities. Decisions are commonly focused on a problem or challenge. Decision makers must gather and consider data before making a choice. Problem analysis involves framing the issue by defining its boundaries, establishing criteria with which to select from alternatives, and developing conclusions based on available information. Analyzing a problem may not result in a decision, although the results are an important ingredient in all decision making.
- Price: 25.00 €
FINANCIAL MANAGEMENT IN THE COMPANY
FINANCIAL MANAGEMENT IN THE COMPANY
(FINANCIAL MANAGEMENT IN THE COMPANY)
- Author(s):Ainura Omarova, Baglan Aimurzina, Mazken Kamenova
- Language:English
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
- Page Range:59-86
- No. of Pages:28
- Keywords:organization; management; finance;
- Summary/Abstract:Financial management is aimed at managing the movement of financial resources and financial relations arising between business entities in the process of movement of financial resources. The question of how to skillfully manage these movements and relationships is the content of financial management. Financial management is the process of developing the goal of financial management and the impact on finances using the methods and levers of the financial mechanism to achieve the goal. Thus, financial management includes strategy and management tactics. In this case, strategy is understood as the general direction and method of using funds to achieve the goal. This method corresponds to a certain set of rules and restrictions for making decisions. The strategy allows you to concentrate on solution options that do not contradict the adopted strategy, discarding all other options. After achieving the goal, the strategy as a direction and means of achieving it ceases to exist. New goals set the task of developing a new strategy. Tactics are specific methods and techniques for achieving the goal in specific conditions. The objective of management tactics is to select the optimal solution and the most appropriate management methods and techniques in a given economic situation.
- Price: 25.00 €
FINANCIAL MANAGEMENT IN THE BANKING SYSTEM
FINANCIAL MANAGEMENT IN THE BANKING SYSTEM
(FINANCIAL MANAGEMENT IN THE BANKING SYSTEM)
- Author(s):Ainura Omarova, Gulzira SERIKOVA, Gulnara LESBAYEVA
- Language:English
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration
- Page Range:87-113
- No. of Pages:27
- Keywords:bank; system; organization;
- Summary/Abstract:The section considers the main directions of state regulation of the banking sector of Kazakhstan at the present stage. In the article had analyzed the main quantitative and qualitative parameters of the development of second-tier banks of Kazakhstan for the last several years. Weaknesses have been identified that reduce the stability of the banking sector, including a high level of overdue debt on bank loans, dollarization of deposit sources, low net worth of banks, increased banking risks, etc. State measures have been analyzed to support the financial stability of commercial banks. Also had systematized the reasons for the activation of integration processes in the banking sector. The necessity of improving the procedure of stress testing of Kazakhstan banks is grounded. Priority directions for ensuring the stability of Kazakhstan's banking sector for the future are identified.
- Price: 25.00 €
SOCIAL RESPONSIBILITY OF BUSINESS AND ETHICS OF THE MANAGER
SOCIAL RESPONSIBILITY OF BUSINESS AND ETHICS OF THE MANAGER
(SOCIAL RESPONSIBILITY OF BUSINESS AND ETHICS OF THE MANAGER)
- Author(s):Karlygash Kenenova, Almagul DOSHAN, Murat NURGABYLOV
- Language:English
- Subject(s):Economy, Business Economy / Management, Accounting - Business Administration, Business Ethics
- Page Range:114-135
- No. of Pages:22
- Keywords:social responsibility; business; management;
- Summary/Abstract:Today, an increasing number of enterprises, organizations, scientists, practitioners and simply curious people are interested in issues of corporate social responsibility (CSR), or, as it is called in another way, corporate responsibility, corporate ethics, corporate citizenship, sustainable development, responsible business and other. Since business plays a major role in improving the well-being of society, corporate social responsibility is a central concept in the management system. It positions the company both in terms of existing risks and in terms of the advantages of the opportunities provided to it, especially regarding their corporate reputation and the wide involvement of stakeholders - shareholders, employees, consumers, the community, suppliers, government, non-governmental organizations, international and others organizations with which the company is associated.
- Price: 25.00 €
FINANCIAL MANAGEMENT IN AGRICULTURE SECTOR
FINANCIAL MANAGEMENT IN AGRICULTURE SECTOR
(FINANCIAL MANAGEMENT IN AGRICULTURE SECTOR)
- Author(s):Baglan Aimurzina, Mazken Kamenova, Gulnara LESBAYEVA
- Language:English
- Subject(s):Economy, Business Economy / Management, Agriculture, Accounting - Business Administration
- Page Range:136-169
- No. of Pages:34
- Keywords:agriculture; production; financing;
- Summary/Abstract:Agriculture has a special place in the country’s economy, as it produces food and responds for economic security of the country. The changes in the conditions of continuously transforming Kazakstan's market economy demand from the leaders of agricultural organizations to implement new, innovative ways and approaches to technologies and mechanisms of financial management in the strategy of agriculture. This chapter deals with the concept of financial management; it proves the importance of developing new forms and possible methods of financial management; it states the reasons for lack of effective financial management in the agricultural enterprises; it also identifies a number of factors that affect the financial flows within agricultural enterprises; it briefly reviews the current situation in Kazakh agriculture; it specifies the main areas that should be solved by a system of effective financial management that all in all will formulate the directions and recommendations for improving the financial management of agricultural enterprises of Kazakhstan and, accordingly, increase the competitive advantages of the industry. To improve the effectiveness of the financial management of agricultural enterprises of Kazakhstan in general, as well as in the investment sphere of their activity is necessary to carry out a number of measures, namely: use of specific methods of financial management in determining the results of financial and economic activity of enterprises of the sector agribusiness.
- Price: 25.00 €