• Icon to change language to english
  • Icon to change language to english

CHALLENGES FOR THE MANAGEMENT OF TANGIBLE ASSETS IN THE ENTERPRISE

Authors

Keywords
-

Summary
Enterprises of different industrial production sectors have realized a long time ago necessity of asset management. Even more these management activities have become irreversible firm strategy’s attribute for increasing potential and finance security of the economic units. Their practice in a few big industrial enterprises result in decreasing operative expenditure in 20-40 % and increasing the capacity of production with 5-10 % without necessity of additional capital investment. The choice of one or another asset management system is determined by the character and dynamic of the industrial sector, market environment and the existing law restricts.

The sub-sector C “Production of medicinal substances and products” and section 21.1 “Production of pharmaceutical drugs” have established place in the overall structure of our industrial production. Over the last decade companies from the sub-sector suffered a number of transformations associated with a change of form of ownership and renovation of production facilities. With the advent of powerful international companies like “GlaxoSmithKline” and “Actavis” opportunities were created for the actual construction of systems for asset management.

JEL: -
Pages: 46
Price: 3 Points

More titles

  • RAISING CORPORATE COMPETITIVENESS AS A COMPANY STRATEGY ELEMENT

    Raising corporate competitiveness is a fundamental problem of modern economy directly related to the optimization of company performance and its survival in a market environment. This is a permanent process which has to deal with a number of problems, and some of them have been explored in this work. This research focuses on the essence of ...

  • INVESTIGATING THE TOURIST FIRM INFORMATION SYSTEM CAPABILITIES FOR ADAPTATION TOWARD CONTEMPORARY ECONOMIC CONDITIONS

    New Information and Communication Technology (ICT) adoption for effective tourist information systems is an extremely imperative and indispensable process. It will allow increasing the range of clients’ services, to improve business organization, to decrease the costs, to raise the effectiveness of partners’ interaction and to receive a wide ...

  • FINANCIAL STATEMENTS OF BANKS AND STATE-OWNED ENTERPRISES UNDER THE CONDITIONS OF GLOBALIZING ECONOMY

    The study covers the existing accounting practices in terms of reporting and communicating of information in the annual financial statements (AFS) of Bulgarian banks and state-owned businesses. The main thesis of the study is that there are possibilities for improvement of the structure and contents of the annual financial statements of such ...