The importace of managements financial decisions for the operations of tourism enterprises

Petkoski, Gjorgji and Koteski, Cane and Jakovlev, Zlatko (2022) The importace of managements financial decisions for the operations of tourism enterprises. SocioBrains (online) Journal (90). pp. 255-260. ISSN 2367-5721

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Abstract

One of the essential things of management activities is making business decisions, including financial decision-making. Financial decision-making in tourism management is characterized by the need for action and the existence of several guidelines for its realization. At the same time, the connection of the listed activities to the function of proper financial decision-making is the basic requirement and task of the financial manager in tourism. Of course, all this in the direction of achieving the ultimate goal, increase in shareholder share price. In that sense, the financial management in the enterprises in the field of tourism should give an answer to the optimal use, i.e. use of funds, provision of sources of financing, providing sources of financing, providing optimum cost of the engaged capital, deciding on the distribution of profits, as well as the dividend
policy.

Item Type:	Article
Subjects:	Social Sciences > Social and economic geography
Divisions:	Faculty of Tourism and Business Logistics
Depositing User:	Cane Koteski
Date Deposited:	04 May 2022 08:39
Last Modified:	04 May 2022 08:39
URI:	https://eprints.ugd.edu.mk/id/eprint/29697

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