Analysis of Financial and Economic Aspects of Company Functioning and Their Influence on the Tourist Cluster
Abstract
In their management activities, many companies need to find effective solutions for forecasting and planning various scenarios for their financial activities. In this regard, effective management of the financial activities of large enterprises should be based on the continuous improvement of business processes, where it is necessary to take into account the circumstances of the enterprise and increase its competitiveness through the consistent application of optimization processes and their objective assessment using methods of forecasting and planning financial activities.
The purpose of the study is to analyze the financial and economic aspects of the functioning of companies and their influence on the tourism cluster in the context of the socialization of society.
References
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[3] Bobylev, S.N. 2017. Sustainable development in the interests of future generations: economic priorities. World of a new economy, 3(9): 90–96. Available at: https://www.elibrary.ru/item.asp?id=30394968
[4] Bornia, A. 2020. Capital budgeting: a systematic review of the literature. Systematic Review Prod, 3(17): 20-35. DOI: https://doi.org/10.1590/0103-6513.20190020
[5] El-Kassar, A.N. and Singh, S.K. 2019. Green innovation and organizational performance: the influence of big data and the moderating role of management commitment and HR practices. Technology Forecast, 1(44): 483-498.
[6] Gerashchenko, I.P. 2019. Financial strategy: modeling and optimization. SPb.: Book House, 352 p.
[7] Ivanova, A.I. 2018. Theoretical aspects of the financial strategy of the enterprise. Eurasian scientific journal, 1(8): 44-49.
[8] Izmailova, M.A. 2021. Sustainable Development as a New Component of Corporate Social Responsibility. Modernization. Innovation. Research, 12 (2): 100-113.
[9] Karman, A. 2019. The role of human resource flexibility and agility in achieving sustainable competitiveness. International Journal of Sustainable Economy, 4(11): 324–346. DOI:http://doi.org/10.1504/IJSE.2019.103472
[10] Khamees, B.A., Al-Fayoumi, N. and Al-Thuneibat, A.A. 2020. Capital budgeting practices in the Jordanian industrial corporations. International Journal of Commerce and Management, 20 (1): 49-63. DOI:http://doi.org/10.1108/10569211011025952
[11] Levina, A.M. 2017. Getting Competitive Advantages for High-Tech Companies: Model Formation. Strategic decisions and risk management, (4-5): 88-97. DOI: https://doi.org/10.17747/2078-8886-2017-4-5-88-97
[12] Metsik, O.I., Petrenko, E.S. and Vechkinzova, E.A. 2019. Smart entrepreneurship as a modern stage in the development of entrepreneurial activity. Creative Economy, 13 (12): 2465-2478. DOI:10.18334/ce.13.12.41426
[13] Qiu L., Jie X., Wang Y. and Zhao M. 2019. Green product innovation, green dynamic capability, and competitive advantage: evidence from Chinese manufacturing enterprises. International Journal of Economic Perspectives, 45(12): 1-20.
[14] Sedelev, B.V. 2019. Regression models and methods for evaluating the parameters and structure of economic processes. Moscow: MEPhI, 240 p.
[15] Strezov V., Evans A. and Evans T.J. 2017. Assessment of the Economic, Social and Environmental Dimensions of the Indicators for Sustainable Development. Sustainable development, 3 (25): 242–253.
[16] Suat, L.A. and San, O.T. 2019. Corporate environmental management: eco-efficiency and economics benefits among manufacturers certified with EMS14001 in Malaysia. International Journal Recent Technology, 7 (6): 873-886.
[17] Vilkomir, A.K. 2019. Principles and methods of financial strategy of enterprises in conditions of economic crisis. Audit and financial analysis, 3: 15–20.
[18] Wang Z. 2021. Business Analysis on Sustainable Competitive Advantages. World of a new economy, 235 (9): 300-309. DOI: 10.1051/e3sconf/202123503009
[19] Official resource of JSC Kazakhstan Temir Zholy of 01.01.2021.
[20] Official website of the Committee on Statistics of the Ministry of National Economy of the Republic of Kazakhstan. www.stat.gov.kz
Published
2021-12-29
How to Cite
YELCHIBAYEVA, Adeliya et al.
Analysis of Financial and Economic Aspects of Company Functioning and Their Influence on the Tourist Cluster.
Journal of Environmental Management and Tourism, [S.l.], v. 12, n. 8, p. 2157 - 2167, dec. 2021.
ISSN 2068-7729.
Available at: <https://journals.aserspublishing.eu/jemt/article/view/6659>. Date accessed: 20 apr. 2024.
Section
Article
Copyright© 2023 The Author(s). Published by ASERS Publishing 2023. This is an open access article distributed under the terms of CC-BY 4.0 license.