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A System Dynamic Approach to the Study of enterprise¡¦s financial forecast and financial diagnosis

ABSTRACT
Long-lasting management is the goal of enterprises. In order to achieve long-lasting management while maintaining competitiveness, CEO has to possess clear operating policies. Utilize the limited resources on core businesses especially those plans which relative financial planning is involved in the operating policies. Essentially, the management achievements and crises of an enterprise reflect on its financial data. Under the tough environment, deliberate financial planning, control, and management are the main key factors in keeping competitiveness and long-lasting management.
Management consultant applies different diagnosis methods and techniques to figure out the malpractices and weaknesses of business management. Optimistic approaches are adopted to propose concrete improvement plans. Meanwhile, assistance is provided in the implementation in order to improve enterprise constitution, enhance management effectiveness and thus achieve the expected goal.
This research applied system dynamics as the tool to provide enterprise with ¡§Financial Policies Laboratory¡¨. Through dynamic stimulation process, the influence of enterprise profit in setting financial goal is examined. CEO is supplied with the valuable references such as financial forecast, financial analysis, and financial diagnosis to adjust management policies, management principles and implement programs with the use of limited enterprise resources. It is hoping that this symptomatic solution can help the enterprise to improve its constitution.
With the research of sample stimulation, conclusions are found as below:
(1) The data received from decision function and stimulation results are adopted to construct suitable financial statement. This is for the use of financial executive in ¡§Financial Policies Laboratory¡¨. Assistance is provided to pursue better financial policies in setting the enterprise goal.
(2) The timing of statement output can be coordinated as enterprise required. Through the time interval function of internal system, the objective of financial planning is achieved.
(3) In accordance with enterprise real condition, financial strategies are made for different situations. Assist the enterprise to modify financial activities in appropriate timing and capacity as to enhance enterprise management achievement, improve financial constitution, and achieve the final goal of long-lasting management and development.
Key words: Financial forecast, Five Forces Analysis, financial diagnosis.

Identiferoai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0715103-103001
Date15 July 2003
CreatorsHan, Chieh-ju
ContributorsBing-Chiang Jeng, Yi-Ming Tu, Ya-Tsai Tseng
PublisherNSYSU
Source SetsNSYSU Electronic Thesis and Dissertation Archive
LanguageCholon
Detected LanguageEnglish
Typetext
Formatapplication/pdf
Sourcehttp://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0715103-103001
Rightswithheld, Copyright information available at source archive

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