Research On The Improvement Of The Comprehensive Budget Management Of Yongzhou Tobacco Company

With the proliferation use of comprehensive budget management in worldwide market competition and management,comprehensive budget management blossom out into one of the most significant company management.In 2007,the tobacco company of Yongzhou finished the fundamental structure of comprehensive budget management which enhanced the management of company budget and increased the financial performance,which enhance the management level and financial performance.Nevertheless,the comprehensive budget management of Yongzhou tobacco company still shown imperfect.Divergence of company stratagem Layout management,budgetary slack,bad enforced,inefficiency adjustment and bad appraisal were significant affect the comprehensive budget management system.Those drawbacks were not only shown in Yongzhou tobacco company but also appears in all the tobacco industry.Previous research focus on the Yongzhou tobacco company regard national policy,market dynamics and industrial features.Specifically,analyzed the overall operation situation and financial conditions(2012-2014).Moreover,previous paper trying to figure out the drawbacks of budgeting,enforcement,adjustment and evaluation in comprehensive budget management.Among this process,Divergence of company stratagem Layout management,defective implementation process,disagreement of estimation of the actual figure with budget number,imperfection of year-end assessment and motivation system were affect the normalization revolve of comprehensive budget management.Above all,reduce cost,improve logistic efficiency,optimize the commodity structure,purify the market,control cash flow and Enhance the competitiveness of enterprises might resolve the problems that shown in comprehensive budget management.On the other hand,plenty of Economics and management method(principal-agent theory,and incentive theory)might show a great contribution to solve the drawbacks in comprehensive budget management.Previous study based on the comprehensive budget management of Yongzhou tobacco company,and further analyzed the drawbacks and explored the practical,given a promotable methods which could improve the previous comprehensive budget management.Above all the objective of previous research is trying to present terms of settlement for the tobacco industry.