BUSINESS ANALYSIS BASED ON THE CONCEPT OF THREE DIRECTIONS – CONFIRMED QUALITY IN OPERATIONS AND FINANCIAL REPORTING
Abstract:
It is generally well-known that many people perform some kind of analysis at different times, no matter if it relates to their private or business lives, such as when buying an apartment, house, car and alike. That implies investigating and examining details, comparing the quality and price. Actually, we assess what we can get for a certain amount of money, or what will happen if we invest in real estate or a car, variations of interest rates in different banks. Namely, the operations of enterprises, execution of tasks and obligations and goal achievement can be successfully managed and implemented only by a well-structured and conducted business analysis. Once the problem arises in operations of enterprises, the business analysis triggers necessary procedures and processes in order to solve, mitigate or overcome them. It does not depend on the problems, phenomena and processes in business operations. The purpose of business analysis is to successfully detect irregularities in operations, remove such possible flaws and irregularities and guarantee better conditions.
CITATION:
IEEE format
B. Sokoloski, I. Zdravkoski, “BUSINESS ANALYSIS based on THE CONCEPT OF THREE DIRECTIONS – CONFIRMED QUALITY IN OPERATIONS AND FINANCIAL REPORTING,” in FINIZ 2015 - Contemporary Financial Management, Belgrade, Singidunum University, Serbia, 2015, pp. 123-126. doi: 10.15308/finiz-2015-123-126
APA format
Sokoloski, B., Zdravkoski, I. (2015). BUSINESS ANALYSIS based on THE CONCEPT OF THREE DIRECTIONS – CONFIRMED QUALITY IN OPERATIONS AND FINANCIAL REPORTING. Paper presented at FINIZ 2015 - Contemporary Financial Management. doi:10.15308/finiz-2015-123-126
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