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Assessing the Effectiveness of Improved Financial Management System Using the Expertise-oriented Approach
2015
Procedia - Social and Behavioral Sciences
System approach in strategic management enables managers to take well-grounded long-term managerial decisions basing upon their notion of the overall state of business, as well as to make decisions on the improvement of the management system or its individual elements at each stage of business development. Therefore, business management system, including financial management system, turns into a system of continuous improvement. Furthermore, synergetic effect of application of the system of
doi:10.1016/j.sbspro.2015.10.174
fatcat:v6rq66hrhrgwpdbjz7gw6hutue