The importance of manamegements financial decisions for the operations of tourismenterprises

Petkoski, Gjorgji and Koteski, Cane and Jakovlev, Zlatko (2021) The importance of manamegements financial decisions for the operations of tourismenterprises. In: IV Scientific conference with international participation "Geography, regional development and tourism", 03-05 Dec 2021, Shumen, Bulgarija.

Text THE IMPORTANCE OF MANAGEMENTS FINACIAL DECISIONS FOR THE OPERATIONS OF TORISM ENTERPRISES.pdf Download (2MB)

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:	Conference or Workshop Item (Paper)
Subjects:	Social Sciences > Social and economic geography
Divisions:	Faculty of Tourism and Business Logistics
Depositing User:	Cane Koteski
Date Deposited:	09 May 2022 09:52
Last Modified:	09 May 2022 09:52
URI:	https://eprints.ugd.edu.mk/id/eprint/29740

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