System of the enterprise economic potential enhancement planning

Authors

  • Timothy Hart Oklahoma State University Author

Keywords:

system plannin, economic potential, stages of planning, strategic planning

Abstract

The article presents а system of planning increase the economic potential of an enterprise. On the basis of a systems approach to the planning process proposes a list of logically interrelated steps that allow to create an integrated system of decision-making. The author proposed a definition of the essence of strategic planning as the variety of planned activities in the enterprise. It also includes a generalization of the long-term, medium-term, the current (annual), operational planning.Author states, that according to prognosticated information and taking into consideration internal firm’s capacities, the senior executives of the firm do prognostications for production items. On this basis the volume of production is determined and then the draft of the financial plan and the plan of materials supply and raw materials supply are drawn up

Author Biography

  • Timothy Hart, Oklahoma State University

    Ph.D (Economics), Lecturer, Department of Management

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Published

2022-11-14

Issue

Section

Articles