Volume 10, Issue 2 (February 2023), Pages: 1-6
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Original Research Paper
Flexible strategic planning for the financial management of MSES-2019
Author(s):
Segundo Ríos-Ríos *, Filiberto Ochoa-Paredes, Miguel Vargas-Tasayco, Yrene Uribe-Fernández, Ana Chaman-Bardalez
Affiliation(s):
Economic Faculty, Universidad Nacional de Cañete, San Vicente de Cañete, Perú
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* Corresponding Author.
Corresponding author's ORCID profile: https://orcid.org/0000-0003-1202-5523
Digital Object Identifier:
https://doi.org/10.21833/ijaas.2023.02.001
Abstract:
Strategic planning provides operational plans supporting a company to achieve its objectives, which is why it is of great importance and more when it is impossible to achieve the objectives due to a competitive environment without any defined plan, also adding products and changing needs required. Each organization, analyzing its strategic planning, seeks to improve its various areas, emphasizing financial management. Therefore, this research raises the influence of the formulation of the strategic plan in financial management in SMEs using instruments for measuring variables. The variables are consumer, supplier, client, and product of the independent variable and cash flow, indebtedness, profitability, and financing of the dependent variable in order to identify the existence of influence between both variables, in a population. 150 microentrepreneurs from the province of Cañete constitute it. The sample was drawn through a non-probabilistic test, obtaining a sample of 150 micro-entrepreneurs from the province of Cañete.
© 2022 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords: Strategic planning, Operational plans, Client, Supplier, Financial management, SMEs, Cash flow
Article History: Received 26 May 2022, Received in revised form 29 September 2022, Accepted 12 October 2022
Acknowledgment
No Acknowledgment.
Compliance with ethical standards
Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.
Citation:
Ríos-Ríos S, Ochoa-Paredes F, Vargas-Tasayco M, Uribe-Fernández Y, and Chaman-Bardalez A (2023). Flexible strategic planning for the financial management of MSES-2019. International Journal of Advanced and Applied Sciences, 10(2): 1-6
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Figures
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Tables
Table 1
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