Effective Measures for Business Enterprises to Strengthen Comprehensive Budget Management
DOI:
https://doi.org/10.18063/lne.v3i4.945Keywords:
commercial enterprise, comprehensive budget management, budget preparation, execution control, assessment and incentiveAbstract
In today's complex and volatile market environment, businesses are confronted with increasingly fierce competition and numerous uncertainties. As a crucial tool for achieving strategic objectives, optimizing resource allocation, and enhancing operational efficiency, comprehensive budget management has become ever more vital. This article explores effective measures for commercial enterprises to strengthen comprehensive budget management within the context of business administration. By analyzing the current status and existing issues in corporate budget management, and integrating relevant theories with practical experience, it proposes specific improvement strategies covering budget preparation, execution control, performance evaluation and incentives, as well as digital infrastructure development. These recommendations aim to provide a reference for businesses to elevate their comprehensive budget management capabilities, thereby facilitating sustainable corporate growth.
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