Evaluation Of Enterprise's Financial Competitiveness That Based On Grey System Theory

In modern market economy, how to scientific understanding and enhance the competitiveness of enterprises has been the focus areas of enterprise research. Competition became a means of the enterprises to survival and development in the market economy environment, and competitiveness is the solid foundation of the enterprises in the competitive market to survive and develop, especially in the highly competitive modern market environment, the degree of competitiveness of enterprises is directly related to the success and failure of enterprise. Currently, the research on the competitiveness of enterprises have become the focus of enterprise research. Enterprise's Competitiveness mainly from the enterprise's environment, enterprise's resources and enterprise's abilities, and from economic perspective, technical perspective, resource configuration, as well as the enterprise value to study problems of Enterprise's Competitiveness.In order to study the competitiveness of enterprises better, discover the influencing factors of the competitiveness of enterprises, so that we can take the reform measures to improve the competitiveness of enterprises led to low impact factors, thereby improving the competitiveness of the enterprise as a whole, competitiveness of enterprises needs to be elements of the organic decomposition performed in-depth research and analysis to determine how to take corrective action to improve, and ultimately improve the overall competitiveness of the enterprise. This article is from the perspective of more detailed, in-depth study of the competitiveness of a constituent elements - financial competitiveness, Enterprise's financial management capacities, through the enterprise's financial management capacities of research and analysis to identify financial management capability and competitiveness of enterprises, and thus the competitiveness of the enterprise's financial analysis on the importance of enterprise competitiveness and enterprise financial competitiveness impact the competitiveness of the enterprise as a whole. A high level of enterprise finance will involve and cover long term operating and management of every aspect and all aspects of enterprise management, and each enterprise's department in the use of the funding process contact with the enterprise finance department. Therefore, the financial competitiveness is the enterprise's competitiveness and is one of constituent elements of the core competence. The financial viability is the prerequisite for form and nurture the core competence of enterprise; the financial management capability is a important part of the core competitiveness of enterprises; The financial resilience is the effective protection to form,nurture and enhance the core competitiveness of enterprises. The financial competitiveness in the formation of core competitiveness of enterprises play a very important role in the cultivate and enhance the process.By drawing domestic and foreign research results, we In-depth analyzing the connotation, features, formation basis formation mechanism of Enterprise's Financial Competitiveness and the relevance between Enterprise's Core Competitiveness and financial competitiveness, on this basise, we clear the evaluate elements of Enterprise's Financial Competitiveness, it contains evaluate contents, evaluate index system, evaluate standard and evaluate methods. This article systematic introduced the Grey System Theory, and highlights a analysis method of Grey System Theory-Grey Correlation Analysis, analysis the advantages of Grey Correlation Analysis and applicability of use Grey System Theory evaluate financial competitiveness, apply the Grey System Theory analysis method as the enterprise's financial competence evaluate method. Based on cleared the evaluate elements of enterprise's financial competitiveness, combined with examples study, we systematic introduced how to use the Gray System Theory to evaluate enterprise's financial competitiveness. Findings indicate that use the Grey Correlation Analysis method which as a analysis method of Gray System Theory to evaluate I enterprise's financial competitiveness is very suitable. But, as a result of personal knowledge and capacity constraints, the study of the enterprise's financial competitiveness is still not sufficiently comprehensive, there are also many aspects have not yet set foot in, and the building of the comprehensive evaluation model is deficient, pending a more comprehensive analysis of future research.Evaluation of Enterprise's Financial Competitiveness is a research field which has theoretical and practical value, and has large space of study. Although the Enterprise's Financial Competitiveness evaluation index system that has built in the article has undergone in-depth analysis and refinement, it still not perfect, need further and deeper research and analysis, to establish a evaluation index system which is more complete and more strategic analysis significance. For specific enterprise or industry, we can also make more in-depth studies about its financial indicators, to establish a set of specific enterprise or industry with a more suitable evaluation index system. In view of the objectivity and scientific of comprehensive evaluation methods and the dynamic of enterprise's financial situation, to establish a system and adapted dynamic comprehensive model will be a very valuable research areas.