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Man World Real Estate Comprehensive Budget Management Problems And Solutions

Posted on:2015-02-28Degree:MasterType:Thesis
Country:ChinaCandidate:J K YinFull Text:PDF
GTID:2269330428982863Subject:Accounting
Abstract/Summary:PDF Full Text Request
Comprehensive budget management, which dates back to the early20th century in the western world, has over such a long period become one of the most significant management tools for sophisticated international enterprises. It plays a substantially important role in aspects of enterprises development, resource integration as well as administration manipulation.During recent years, with the enhanced revolution and development occurring in China as well as the rapid economic growth, there are great opportunities for the vigorous development for real estate industry. But due to the nature of this industry, the competition among all enterprises and companies are constantly getting more and more fierce, leading to low usage efficiency of resources such as land. Additionally, combined with the fact that the real estate industry administration and management system takes little accounts of performance, the sustainability of the real estate investment development is generally limited. Hence, it is crucial to introduce the operation and conception of segmentation administration and comprehensive budget.In this essay, the research target is focused on the worldwide real estate industry, providing overall analysis, discussion as well as corresponding suggestions in terms of all segments of comprehensive budget administration and management system, including the establishment of budget framework, the objective set-up, as well as execution, assessment and supervision of budgeting. Furthermore, the concept of the combination of comprehensive budget and strategic management will be introduced together with the balanced credits system an KPI index to enhance the establishment of the assessment system for all companies and enterprises, with the hope that the research and analysis of the worldwide real estate can give some hints for the development of this industry.
Keywords/Search Tags:Real Estate Enterprises, Comprehensive Budge, System, performance appraisal
PDF Full Text Request
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