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International Journal of Economics, Finance and Management >> Volume 5, Issue 2, June 2016

International Journal of Economics, Finance and Management


Financial Management as a Strategic-Tactical Guideline

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Author Andr�s laskai
ISSN 2307-2466
On Pages 1-7
Volume No. 4
Issue No. 1
Issue Date February 01, 2020
Publishing Date February 01, 2020
Keywords Financial Management, Business Planning, International Business Planning



Abstract

In theoretical literature it is a fundamental statement that in the lack of proper elements precise planning is unfeasible. Not only for so-called domestic business plans but also in case of the international business plans. Based upon the aforesaid, it is specifically very likely that such defective plans or planning will not provide appropriate support for the operation of the company. Companies may influence the operation of the system by strategic and tactical reasons that overwrite the key figures of the different planning systems, these figures are transferred down also in the system of financial statements.


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