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The Overall Budget Management Research of JK Insurance Company

Author: JiangKai
Tutor: YuYanLi
School: Dalian Maritime University
Course: Business Administration
Keywords: Overall Budget Management Insurance Company JK Insurance
CLC: F275
Type: Master's thesis
Year: 2011
Downloads: 147
Quote: 0
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Abstract


The overall budget management is a basic management method in a modern enterprise system. It refers to the use of the budget for a variety of financial and non-financial resources of the internal departments and units to distribute, assess, and control, in order to effectively organize and coordinate the production and business activities, and complete the established business objectives. The core of overall budget management is the management; the fundamental means is budget; and the characteristic of management is the comprehensive. Since reform and opening up, with the establishment and development of socialist market economic system, our business operation has gradually shifted to market demand, and objectives of the business management have also changed from the previous completion of the production target as planned into determining the direction of development, production or business scale and the level of economic benefits according to the market. Based on the practical needs of business development, the approach of overall budget management is being applied to business management, and got increasing attentions and promotion.The implementation of overall budget management in the insurance industry promote or ensure the insurance company’s future business goals, and promote the efficiency of business and economic and the enhancement of competitiveness. There is also the concept of change and some budgeting issues not completed, and these problems need to be solved urgently. To improve the overall budget management of private insurance companies, the leadership should first pay attention to the budget management, establish the management structure, and formulate clearly feasible budget management policy and perfect budget examination system.In this paper, with JK Insurance Company as an example, several specific and feasible recommendations have been proposed from the eight aspects including the composition and responsibilities of the organizational structure, budgeting process, budget outline development, work planning, and the budget control and assessment of main contents to establish a comprehensive budget management system and form the budget system,

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CLC: > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management
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