Abstract
The theoretical views of Ukrainian scholars on corporate planning and one of the key concepts – the planning process – are considered in the article. The necessity of planning for the enterprise in modern crisis conditions is substantiated. Despite the large number of publications on corporate planning, the concept of “planning process” is not fully defined by Ukrainian scholars. It does not have a clear structure and lacks clear sequence of stages. Interpretation of the concept of corporate planning is not adapted to modern crisis conditions. When applying the “planning process” the potential of economic and mathematical methods and possible automation is not realized. Views on the planning process and their shortcomings are highlighted, and on their basis, the definition of the corporate planning process is formed. The definition of the corporate planning process is adjusted taking into account the functional approach to enterprise management. The stages of the enterprise planning process are highlighted. It is proposed to apply economic and mathematical methods at the last stage, namely linear regression. It is recommended to select the factors that affect the planning of enterprise profits and accordingly calculate the value of their regression. Thus, the factors whose parameters have the greatest value of regression can be used in the implementation of planned tasks of the enterprise to ensure the company’s profit. Selection of factors and calculation of the value of their regression can significantly improve the planning process and allow design an algorithm for specialized software.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
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.