THE MANAGEMENT OF THE PERFORMANCE THROUGH THE BUDGET OF THE INVESTMENTS

Companies operate in a highly competitive, constantly changing environment and in varying economic conditions. Therefore, budgets prove to be a support tool in the decision-making process, able to suggest to managers the best strategies for achieving the objectives. The company's investment budget explains the planned spending with the fixed assets. Determining of the information included in this budget involves a thorough analysis of the estimated costs and benefits of projects which are analyzed. The process of establishing the investment budget is very impor...