Research On The Budget Management Of The FOTON Company

The comprehensive budget management, which is the key for the modern business administration, is a series of activities which revolve around budget. The function of the comprehensive budget management is to improve management level and operation efficiency in an all-round way and promote the realization of the maximum of value of the enterprise. In China, due to the increasing development of economy and competition the enterprises are facing, the comprehensive budget management, as a crucial management tool for business, has been attached greater importance and widely applied in enterprises.However, various issues have occurred in the practice of budget management in China, which diminishes the effect of the comprehensive budget. Hence, under the guidance of the framework theory of the comprehensive budget practice, this paper, which takes the comprehensive budget management as research target, analyses the practical application of foton, one of the "Fortune 500", points out the existent problems and put forward suggestions at bringing some enlightenment for the theoretical and practical cycle of the budget management in China.This paper consists of five chapters.The first two chapters, which are complementary to each other, set up the theoretical framework from different dimensions.The last three chapters ale unfolded under the framework raised in the first two chapters, going forward and in depth one by one. The chapter one introduces the basic theory of the comprehensive budget management, of which the basic process is the key point. The chapter two, as the core theory of the paper, sums up the judgment framework of the comprehensive budget in practice from the perspective of historical progress of the budget management;the chapter three, based on the basic theory in chapter one, introduces the practice of the comprehensive budget management in foton in the dimension of budget process;the chapter four is a thorough analysis of the budget management of foton under the evaluation framework of the comprehensive budget in practice in chapter two; the chapter five is on the suggestions according to the existent problems in the budget management of foton.