(LUẬN văn THẠC sĩ) solutions to improve business performance in hoang long mechanics technology joint stock company

ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH - PHAN TIẾN THÀNH SOLUTIONS TO IMPROVE BUSINESS PERFORMANCE IN HOANG LONG MECHANICS TECHNOLOGY JOINT STOCK COMPANY GIẢI PHÁP NÂNG CAO HIỆU QUẢ HOẠT ĐỘNG KINH DOANH TẠI CƠNG TY CỔ PHẦN CƠ KHÍ CƠNG NGHỆ HỒNG LONG LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH HÀ NỘI - 2020 TIEU LUAN MOI download : skknchat@gmail.com ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH - PHAN TIẾN THÀNH SOLUTIONS TO IMPROVE BUSINESS PERFORMANCE IN HOANG LONG MECHANICS TECHNOLOGY JOINT STOCK COMPANY GIẢI PHÁP NÂNG CAO HIỆU QUẢ HOẠT ĐỘNG KINH DOANH TẠI CÔNG TY CỔ PHẦN CƠ KHÍ CƠNG NGHỆ HỒNG LONG Chun ngành: Quản trị kinh doanh Mã số: 60 34 01 02 LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH NGƯỜI HƯỚNG DẪN KHOA HỌC: TS NGUYỄN XUÂN HUYNH HÀ NỘI - 2020 TIEU LUAN MOI download : skknchat@gmail.com DECLARATION I confirm that the research in the thesis is the result of my independent work during study and research period and it is not published in other’s research and article The other’s research result and documentation (extraction, table, figure, formula, and other document) used in the thesis are cited properly and have the permission of the authors I assure in front of the Thesis defense council, Hanoi School of Business and Management, and the laws for above-mentioned declaration Date………………………… Author Phan Tien Thanh TIEU LUAN MOI download : skknchat@gmail.com ACKNOWLEDGEMENT I would like to express my sincere thanks to the teachers and Faculty of Business Administration who have devotedly taught and imparted valuable knowledge to me during the course of studying at the school In particular, I would like to sincerely thank PhD Nguyen Xuan Huynh has kindly instructed me to complete this thesis Research results are my best effort in learning and research However, I would like to receive suggestions to continue adding and perfecting the Thesis Hanoi, ……………………… 2019 Phan Tien Thanh TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS LIST OF FIGURES i LIST OF TABLES ii OPENING 1 The urgency of the topic Overview Research objectives Research subjects .3 Scopes of research .3 Research method Contents of the thesis CHAPTER 1: THEORETICAL AND OVERVIEW OF THE BUSINESS PERFORMANCE OF THE ENTERPRISE 1.1 Definition and importance of business performance analysis 1.1.1 Concept of analyzing business performance 1.1.2 Classification of business performance 1.1.3 The require to improve business performance 1.2 Criterias to evaluation Business performance 1.2.1 Solvency ratio 1.2.2 Effective in using assets 10 1.2.3 Effective in using capital .13 1.2.4 Effective in using cost 14 1.3 Factors affecting business performance 15 1.3.1 Objective factors 15 1.3.2 Subjective factors 17 CHAPTER 2: SITUATION OF BUSINESS PERFORMANCE AT HOANG LONG MECHANICICS TECHNOLOGY JOINT STOCK COMPANY 19 2.1 Overview of Hoang Long Mechanics Technology Joint Stock Company Joint Stock Company .19 2.1.1 History of establishment and development of Hoang Long Mechanics Technology Joint Stock Company Joint Stock Company 19 2.1.2 Functions and duties of Hoang Long Mechanics Technology Joint Stock Company 21 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company 2.1.3 Organizational structure of the company 22 2.2 Overview of business performance in the period of 2016-2018 .23 2.2.1 Overview of business performance in the period 2016-2018 .23 2.2.2 Analysis of revenue situation .26 2.2.3 Analysis of cost situation 31 2.2.3 Analysis of profit situation 40 2.3 Analysis of business performance at Hoang Long Mechanics Technology Joint Stock Company Joint Stock Company 51 2.3.1 Analyze the performance of using labor 51 2.3.2 Analyze the performance of account receivable management 53 2.3.4 Analyze the performance of using assets 58 2.3.5 Analyze the performance in using capital 60 2.4 Assess the situation of business performance of Hoang Long Mechanics Technology Joint Stock Company 63 2.4.1 Achievements .63 2.4.2 CHAPTER Limitations, weaknesses and causes 64 3: SOLUTIONS TO IMPROVE THE BUSINESS PERFORMANCE OF HOANG LONG MECHANICS TECHNOLOGY JOINT STOCK COMPANY 67 3.1 Business direction and strategy of Hoang Long Mechanics Technology Joint Stock Company in 2019-2020 67 3.2 Solutions to improve the business operation of Hoang Long Mechanics Technology Joint Stock Company in 2019-2020 68 3.2.1 Solutions to increase revenue .68 3.2.2 Solutions to reduce cost 69 3.2.3 Solutions to exploitation the capital 69 3.2.4 Solutions to improve marketing performance 70 3.2.5 Solutions to improve the quality of human resources and retain talents 71 3.2.6 Solutions to improve data analysis methods of Accounting Department 72 CONCLUSION 73 REFERENCES 75 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company LIST OF FIGURES Figure Company management diagram 22 Figure 2: Business performance phase 2016 – 2018 25 Figure 3: Business performance phase 2016 – 2018 25 Figure 4: Total revenue 2016 28 Figure 5: Total revenue 2017 28 Figure 6: Total revenue 2018 29 Figure 7: Total revenue and cost from 2016 to 2018 32 Figure 8: Cost of goods sold 2016 - 2018 34 Figure 9: Cost of consulting, design 2016 - 2018 34 Figure 10: Cost of construction activities 2016 - 2018 36 Figure 11: Cost of processing activities 2016 - 2018 37 Figure 12: Cost of other business activities 2016 - 2018 38 Figure 13: Cost of sales 2016 - 2018 38 Figure 14: Enterprise Managing cost 2016 - 2018 39 Figure 15: Financial operation expenses 2016 - 2018 40 Figure 16: Profit situation 2016 - 2018 41 Figure 17: Profit before and after corporate income tax from 2016 - 2018 46 Figure 18: Summary of factors that increase and decrease profit before tax in 2017 compared to 2016 of the company 49 Figure 19: Summary of factors that increased the profit before tax in 2018 compared to 2017 of the company 51 Figure 20: Labor structure in the Company 52 i TIEU LUAN MOI download : skknchat@gmail.com (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company  Regarding improving the quality of resources and building corporate culture - Training and fostering professional and technical knowledge for laborers - Making good environmental sanitation, no noise, safety of life and health of workers  About social responsibility - Continue to uphold the spirit of activities that respect the law and contribute to the country's budget and development - Products must ensure high quality, beautiful appearance, diverse designs, delivery time in accordance with the contract, ensure credibility and attract more and more customers 3.2 Solutions to improve the business operation of Hoang Long Mechanics Technology Joint Stock Company in 2019-2020 After analyzing the business performance of Hoang Long Mechanics Technology Joint Stock Company, we realize that the business situation of the company is developing not really well, accompanied by a number of limitations Therefore, in order to improve the business performance of the unit, it is necessary to carry out positive, effective and appropriate solutions to the situation at the unit After analyzing in detail each indicator, the author presents some specific solutions as follows: 3.2.1 Solutions to increase revenue The quality of construction works confirms the value and ability of the company In a time when there is so much competition and challenge, the best way for a business to survive is to bring the best quality product possible Firstly, the design engineers of the company and the company must fulfill their responsibilities in the design project as well as in structural calculations and construction cost estimates Secondly, during the construction process, it is required to strictly control and avoid errors which affect the quality of the project and the time of contract performance Thirdly, the Company has to constantly renovate its designs, constantly improve product quality, apply scientific and technical advances to its production, thus increasing its competitiveness 68 : skknchat@gmail.com TIEU LUAN MOI download (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company Fourth, continue to maintain strengths in traditional businesses and expand to other business areas Traditional areas of the company are consultancy, design and construction The field of consultancy is a field that does not need much capital investment but gains high profits, the level of competition is also increasing Processing revenue and other revenue groups are still open, not yet paid attention 3.2.2 Solutions to reduce cost The inadequate control of expenses has significantly affected the process of increasing profits The cost control in the Company has many holes and losses Firstly, the Company needs to make a revenue and expenditure plan at the beginning of each financial year and review the results at the end of the year to draw experience Secondly, the Company needs to be more proactive in importing raw materials and materials, using raw materials at the works to avoid escapes, which increases the cost of goods sold Thirdly, to set cost norms for each department, each business time, it is necessary to have restrictive measures and sanctions imposed on the departments so that the implementation of cost control is optimal Fourthly, strict control of inventories by predicting and thoroughly understanding the market of raw materials and fuels, to choose the most appropriate time to choose the import and export of raw materials and materials, especially those times points needing large reserves and large price fluctuations Arranging the warehouse on the yards in a reasonable way, in case of lack of a warehouse, the rental cost must be increased Establish a strict warehousing and ex-warehousing process with full certification of the relevant departments, collusion collusion to withdraw core assets There should be other strict sanctions for the times in warehouse management Streamlining supplies that are no longer eligible for production and take liquidation measures if necessary 3.2.3 Solutions to exploitation the capital In the case that enterprises mainly operate by capital mobilized from the outside, to minimize the cost of capital usage The company should be flexible in finding sources of funding with appropriate interest rates by choosing an effective capital raising plan Loans 69 : skknchat@gmail.com TIEU LUAN MOI download (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company in the Company account for a high proportion, every year the Company has to pay interest expenses are not small, high loans lead to imbalances and loss of initiative in capital Firstly, mobilize and use resources appropriately for the company's investment projects, enhance the flow of capital flows, increase capital performance, and limit capital stagnation Make the most of equity, combined with credit and other sources, recover idle capital to reinvest Secondly, continue to contribute capital, invest and promote cooperation and liaison activities with other potential companies in order to increase investment performance and actively support activities to increase revenue and cost control Thirdly, strict control of accounts receivable The higher the Company's receivables means that the company is being appropriated capital, the stronger the recovery of receivables, the faster the company can recover the capital and circulate back process of importing raw materials into production The company needs to filter from the beginning with all customers entering into contracts, take measures to restrain with customers with bad debt history, need to take into account the worst case need to spend again from this customer list It is necessary to separate debt groups and debt ages so that accountants can have grounds to collect debts in each separate case During the process before and after construction, it is necessary to closely follow the activities of the partner company for timely handling Fourthly, the Company has not taken full advantage of available resources, leading to idle time from the time of workers, machines, factories creating continuous jobs, taking into account the necessity of having Non-profit process, avoiding idle labor Increasing activities of leasing machinery, avoiding state of machinery and equipment so as not to take advantage of the depreciation period Increasing warehousing activities, avoiding empty warehouses and wasting land assets 3.2.4 Solutions to improve marketing performance Introducing the company's image to customers is extremely necessary, especially in the era of digital technology and fierce competition today Marketing in the Company has not yet focused on exploitation Firstly, effective marketing activities will help speed up the consumption of products, improve business performance such as: advertising on newspapers, radio, 70 : skknchat@gmail.com TIEU LUAN MOI download (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company television, distributing leaflets, advertising banners, projects Design, write articles about the company and its design products in specialized magazines Secondly, the Company can also apply promotion measures, after-sales service, appropriate preferential policies, display and introduce products at specialized mechanical engineering fairs Third, the company can get acquainted with other businesses, contributing to improving the reputation 3.2.5 Solutions to improve the quality of human resources and retain talents The quality of human resources in the business is the key to success Moreover, the Company suffered the most serious brain drain in the field of consulting labor design, and the situation of losing talent to finance competitors and large corporations Firstly, regularly organize training sessions to improve knowledge inside and outside the Company Training dynamic and creative staff, working autonomy, and actively contacting and signing contracts with customers to expand the operation area to other provinces Especially in the field of construction materials and mechanical engineering, the company should actively seek customers, must actively introduce products, attract customers' attention, help the process of product consumption The product takes place faster Secondly, equip managers with knowledge through paid training programs to improve the quality of work Thirdly, Pre-screening at the beginning from the basic skills of foreign language, professional competence and office informatics Fourthly, the Board of Directors needs to build a healthy, friendly working environment, creating the atmosphere of the Company like a big family to connect members together Building a system of payroll scales, consistent with the capacity and professional qualifications of each individual, especially the talented factors Make good use of trade union funds, create a friendly business culture Fifthly, promptly encourage and reward individuals with outstanding achievements and creative ideas with high practicality 71 : skknchat@gmail.com TIEU LUAN MOI download (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company 3.2.6 Solutions to improve data analysis methods of Accounting Department Finance - Accounting Department of the Company is operating only with the specialized accounting function, not paying attention to financial work and data analysis Today, as the management tools evolve, so as not to miss opportunities and always make the right decisions The board of directors should base on the basis of analyzing the detailed data Firstly, improve the qualifications of the staff of the Accounting Department with training sessions, training programs Secondly, develop a periodic reporting system that includes detailed data analysis Third, Hold regular meetings to analyze and dissect these data together with other departments 72 : skknchat@gmail.com TIEU LUAN MOI download (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company CONCLUSION Over two decades of construction and development of Hoang Long Mechanics Technology Joint Stock Company, it is impossible not to mention the difficulties that businesses have experienced and also the successes that have been recorded so that the Company can be acquired Shares of experienced Hoang Long mechanical engineering today The factors that have helped Hoang Long Mechanics Technology Joint Stock Company firmly in the market are focusing on building and developing the strength fields, which are the Company's tradition and also the flexibility with market innovation , have a breakthrough ability to create different projects and products, and also try to have a strong sales and distribution system For society, the company has contributed to building material facilities for society through the design, construction and construction of public works as well as residential houses, which has been an important contribution to the process industrialization - modernize the country On the side of the company, it has been constantly promoting its operational performance, expanding its business scale and diversifying its business lines, contributing to improving the company's competitive position in trade Business revenue of the company has been greatly increased due to the increasing demand for construction of social facilities to meet the economic growth rate, in addition to the demand for civil construction increased due to the increase of people's income in recent years Although the company has not been successful because the cost of products is still high, the profit earned is not achieved as expected but not discouraged the company has studied thoroughly and produced the right product for the demand Using, adjusting the Company's development strategy has strengthened the Company's position in the market The company also encountered a number of difficulties, in the course of business due to lack of capital, the company had to borrow short-term bank, so it incurs an interest expense incurred which affects profit of the company Mechanisms, policies and prices of mechanical and construction material sectors are constantly changing and fluctuating, affecting design, verification and appraisal according to progress Therefore, the Company needs to be more proactive in ensuring capital sources for production and business, limiting interest expenses to create an increase in profits for each project Strong financial potential is also a tool for the company to increase its reputation and attract investment from outside Besides, through the research paper, the study of production and business performance is a necessary job It helps the company better understand its position in the 73 : skknchat@gmail.com TIEU LUAN MOI download (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company (LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company(LUAN.van.THAC.si).solutions.to.improve.business.performance.in.hoang.long.mechanics.technology.joint.stock.company market as well as better understanding of market trends and needs The result of the thesis is a basis for helping the company to make current and future decisions Through practical research, we know how customers evaluate their product quality, price, promotions, advertising are attractive, and the distribution system can meet the needs consumer demand or not From there we can compare the company's products with competitors in all aspects And understand our competitors can give us reasonable solutions In general, Hoang Long Mechanics Technology Joint Stock Company has achieved proud results in the process of building a foothold in the market Products of the Company are valued by customers more than competitors in all aspects But there are still some unsatisfied consumers, but through this research thesis, the company will find the optimal solutions to meet the increasing and ever-changing demands and tastes of customers The philosophy of community life and continuous contribution to the country is reflected in the strategic vision that has brought the company significant success and more solid steadiness 74 : skknchat@gmail.com TIEU LUAN MOI download 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