If the two of us try to nail one hammer, expect from this can only be rescued fingers and broken nails. The practice of forced us to take a course to strengthen the autonomy of enterprises, and this is the surest indication of failure of our attempts managed as a single public property, to implement this political idea in economic reality. Life is tearing this form of damage and for ideology, and economic development. It once again proves to us that all political idea survives only when it is economically justified. Most of our productive forces have not yet reached the maturity required for public property, and our task – Do not rush to hang us pleasant slogans and labels, but try as soon as possible to develop these productive forces to such an extent that they themselves have told us. But if for some categories of consumers will need for a special, adapted to their narrow needs of the information or consulting services, there will be no criminals if they are cooperative or other organizing principles of this service only for themselves.
We used to criticize capitalism – followed by Karl Marx in his arguments. But Karl Marx was a well-defined task: to show through the flaws of capitalism the way for new economic order, deprived of these deficiencies. But he solved the problem, and before us it is not worth it. Let us now recall the historical merits of capitalism over all previous stages of the development of human civilization: he, capitalism has brought to the first of all human dignity is work, he replaced all other distribution systems has introduced a revolutionary way the distribution of labor.
We will tackle the exciting market of financial instruments, now enhanced by the development of electronic technologies that have come to small and medium investors to the virtues of a market that once was the exclusive domain of powerful investor. We will develop this time, the various possibilities of investment in financial assets. First let’s define what a financial asset, we can summarize by saying it is a contract between two parties, the issuer of the asset and the buyer of it, creating any contract rights and obligations for each of them. When you buy a financial asset, it naturally seeks a profit or economic return, and assumes risk of loss if the forecasts on the evolution of it not correct, generally the risk assumed, and the expected profit, have a close relationship, are directly proportional (the higher the search for profit in must assume more risk). For example, if government bonds are purchased in one country with a low rating risk, should expect a terse, but the risk involved is minimal, however if you purchase shares of a newly formed company, and you trust that will have a rapid commercial development, if their predictions about emerging developments company are successful, certainly the value of the shares acquired will have a substantial increase in the price, but if the company fails to hold in the market, its shares lose value quickly.
The purchase and sale of financial assets are held through the mediation of institutions authorized for that purpose as, etc., Who provide the technological infrastructure to ensure transparency of operations, in exchange for charging a commission for his intervention. The advent of modern technologies like the Internet, has allowed the rapid development of electronic markets without a physical campus operations, such as the traditional stock market, known as the OTC market (in another article we will to talk in depth about this interesting market, but we can summarize by saying that it is market where transactions are carried out and its derivative financial instruments, currencies, futures, etc. physical outside the bag). Some of the instruments have expanded over the currency – – which allows the investor to benefit from changes in the parity between two currencies such as Euro and U.S. Dollar. Other instruments adopted by many investors are the contracts are apart (Contract for Differences, for its acronym in English). Allows financial transactions carried out on shares, stock indices, commodities, gold, oil, etc in which the settlements are to be performed by the difference between the purchase price and the sale, all of which also no need to carry out the physical delivery of the underlying asset. The two parties agree to exchange the difference between purchase price and the selling price of a financial asset.
In recent years against increased competition in the business owners are trying to give their companies and their financial performance stability and predictability. Companies naturally go in its development from the stage rapid growth at the stage of stable work and generate a profit, converted from the "stars" in the "cash cows" for owners who put so much effort into their creation. One of the most popular management technologies by domestic companies at this stage is budgeting. Budgeting is usually called a process of drawing up and adoption (approval) of budgets and subsequent monitoring of their execution. Budget of the enterprise – is a plan formulated in the cost and quantitative terms, the decision-making, planning and control in the management of the firm. Budgeting system is designed for optimal distribution resources of the economic entity during the budget period of time in terms of achieving its financial goals. If you as an owner or hire a manager interested in budgeting, you will probably come in handy compilation books on budgeting, recommended kniga. biz. ua. The book "Budgeting. From strategy to the budget – a step by step guide. "In the book, with specific examples disclosed principles of effective management of the company using balanced scorecard, which the reader will be able to successfully put into practice. Control is based on budget planning, carried out taking into account the organizational and financial structure company. Understanding the connection of all the indicators of the company and the importance of strategic planning is linked in the book with the correct estimate of the resources needed to achieve business goals, and planning activity – with budgeting and tracking chain management company from the first step to the final result. The material in this book is presented in accordance with the cycle of the management company – starting with a description of procedures for developing strategy, followed by details on the four pillars of activity: finance, customers, business processes, learning and growth. Also describes how to implement budget management and the requirements for providing appropriate management accounting system. The book "Budgeting in the 1C: Enterprise 8" This book describes the theoretical and practical aspects of automation of the budget controls on trade and manufacturing company with software solutions 1C: Enterprise 8. The article details the method of forming the planned and actual budget data in the software decision "1C: Manufacturing Enterprise Management", and also sets out current issues of financial and budgetary structures of the company and the system of material incentives, based on the principles of control centers . to the proposed methods of budget management described the possibility of building software solutions 1C: Manufacturing Enterprise Management ", both in terms of subsystems "Budgeting, and in part some of the other subsystems. Special attention is paid to the process of making production budgets and calculate the planned cost. The book is designed for CFOs, Professional financial and economic planning departments, services, financial controlling and internal audit units of trade and industrial enterprises. The book can also be recommended as a methodological materials for training consultants for the implementation of information systems of budget management.