Mobley Matrix as a Financial Management Tool in Terms of Small and Medium-sized Enterprises

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F19%3A50004896" target="_blank" >RIV/62690094:18450/19:50004896 - isvavai.cz</a>

Výsledek na webu

<a href="https://medwelljournals.com/abstract/?doi=jeasci.2019.10502.10506" target="_blank" >https://medwelljournals.com/abstract/?doi=jeasci.2019.10502.10506</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.36478/jeasci.2019.10502.10506" target="_blank" >10.36478/jeasci.2019.10502.10506</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Mobley Matrix as a Financial Management Tool in Terms of Small and Medium-sized Enterprises

Popis výsledku v původním jazyce

The owners of small and medium-sized enterprises do usually not consider the financial management of their SMEs significant. This statement results from our survey. It is mainly underestimation of financial variables in business management and the low financial literacy of the owners, who are often managers at the same time. This article analyses the principles of the Financial Scoreboard/Mobley Matrix as rather considerable, yet a user friendly tool by means of which the owners of SMEs and their managers can implement the principles of Business Intelligence in an efficient way. It is crucial to apply the principles of good financial management in a relatively short time period and target the company to higher efficiency and ability to adapt in a highly competitive environment. A healthy and long-term profit-making firm is not only the owner´s target, but also the objective of the whole society. From a macroeconomic perspective, SMEs represent 99.83 % of the total number of enterprises in the Czech Republic and provide nearly 60 % of employment.

Název v anglickém jazyce

Mobley Matrix as a Financial Management Tool in Terms of Small and Medium-sized Enterprises

Popis výsledku anglicky

The owners of small and medium-sized enterprises do usually not consider the financial management of their SMEs significant. This statement results from our survey. It is mainly underestimation of financial variables in business management and the low financial literacy of the owners, who are often managers at the same time. This article analyses the principles of the Financial Scoreboard/Mobley Matrix as rather considerable, yet a user friendly tool by means of which the owners of SMEs and their managers can implement the principles of Business Intelligence in an efficient way. It is crucial to apply the principles of good financial management in a relatively short time period and target the company to higher efficiency and ability to adapt in a highly competitive environment. A healthy and long-term profit-making firm is not only the owner´s target, but also the objective of the whole society. From a macroeconomic perspective, SMEs represent 99.83 % of the total number of enterprises in the Czech Republic and provide nearly 60 % of employment.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of engineering and applied sciences

ISSN

1819-6608

e-ISSN

—

Svazek periodika

14

Číslo periodika v rámci svazku

9 SI

Stát vydavatele periodika

PK - Pákistánská islámská republika

Počet stran výsledku

5

Strana od-do

10502-10506

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85109133196