DOI: https://doi.org/10.36719/2789-6919/45/172-175
Laman Sultanli
Azerbaijan University
Master student
https://orcid.org/0009-0000-8753-2373
lemansultan1@gmail.com
The Role of Financial Results in the Framework of Management Mechanisms
Abstract
This dissertation focuses on the development and administration of financial outcomes in activities of enterprise. The classification of financial results based on the enterprise's revenues and costs, their analysis, and the influence on the management process of enterprise are investigated. Furthermore, the definition of profitability indicators and how to assess an economic efficiency of enterprise using these indicators are discussed. The research underlines the relevance of current financial management techniques such as budgeting, cost control, and profit maximization. A comparative comparison of the experiences of industrialized and developing nations is also carried out. The insights may help to shape business decision-making processes and strategic management.
Keywords: financial results, profitability, budget planning, cost, profit, analysis