Abstract

Business performance depends on the manager’s competence to take adequate decisions. The professional manager’s decision can improve the financial performance and position of the company. Analysis of business performance gives businesses a framework in which can set goals, measure actual performance in comparing with these goals and develop scenario planning to evaluate alternative action. The purpose of this article is to investigate the present performance of companies in the mechanical engineering and metalworking sector, to prepare proposals for management and financial performance improvement in these companies. As a result of the research, the authors have drawn recommendations in order to carry out business performance measurement.
 Keywords: Business performance, business activity, financial analysis, mechanical engineering and metalworking sector.
 Jel Codes: D220, D240, M110, O14.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.