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Dynamic Financial Management Goal in Power Enterprise: From the View of Firm Life Cycle

Ziyuan Sun, Yuanyuan Huang, Weina Chen

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Abstract

The business environment has become very competitive and dynamic due to the increased global competition and efficient flow of information. Firm management must constantly change. So the financial management goal which is very important for the management of a power enterprise must be different in the development of the firm. The paper will analyze the characteristics of the different growth period for a power enterprise and point out the best goal in the each special period.

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What this paper is about

The business environment has become very competitive and dynamic due to the increased global competition and efficient flow of information. Firm management must constantly change. So the financial management goal which is very important for the management of a power enterprise must be different in the development of the firm. The paper will analyze the characteristics of the different growth period for a power enterprise and point out the best goal in the each special period.

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Available abstract

The business environment has become very competitive and dynamic due to the increased global competition and efficient flow of information. Firm management must constantly change. So the financial management goal which is very important for the management of a power enterprise must be different in the development of the firm. The paper will analyze the characteristics of the different growth period for a power enterprise and point out the best goal in the each special period.

Key concepts: Enterprise life cycle, Competition (biology), Business, Digital firm, Enterprise information system, Power (physics), Enterprise software, Enterprise planning system

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