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Computer Simulation and Planning of the Company Profitability

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Author(s): Meri Boshkoska | Milco Prisaganec | Violeta Panovska

Journal: Asian Economic and Financial Review
ISSN 2305-2147

Volume: 3;
Issue: 7;
Start page: 858;
Date: 2013;
Original page

Keywords: Financial reports | visualization | financial ratios | profitability | break - even point | software | financial planning

ABSTRACT
To achieve high job performance, the managers need to have information about the key activities of all sectors. If the flow of information is greater, the greater will be the knowledge and expertise in the company that are a source of competitive advantage and profitability. Using technology for creation of software packages allow sectors managers to monitor and plan all activities and operations associated with production, sales and financing. Today, choosing and designing a software package for planning the profitability is a major challenge for managers in companies. The aim of this paper is to show how managers can make efficient planning of the company profitability with computer simulation technique.
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