A Study On Comprehensive Budget Management Of Business Groups

Since the reform and opening, the business groups have got a great development in our country. There are more than twenty business groups rank among world 500 biggest enterprises in 2008. However, except the assets quantity and the staff total, our business groups can't compare with the world biggest enterprise. Comprehensive budget management(CBM) plays an important role in business administration. At present, many business groups have carried out CBM and have got many benefits from it. On the other hand, they also met many problems in practice, such as comprehensive budget management can't combined with strategy and business plan, no efficient control and supervision. The telecommunication enterprise is the representative of the business groups and has made much practice and exploration on CBM. In this paper, we will study the practice of CBM in W enterprise with relevant basic theory. This paper has five chapters. The first chapter introduces the background,significance and research method. The second chapter recollects the basic theory on the comprehensive budget management, which makes the basis of the following chapters. With the analyzing of the characte,the method of control and management,the development course, the third chapter tries to draw some lessons for the improvement of CBM in our country. The forth chapter introduces the situation of telecommunication industry and the W enterprise. It also analyzes the representative characters of W enterprise, which has great influence to its CBM. The fifth chapter studies the role,the development course and its present situation deeply. It also submits several suggestions on the CBM of W enterprise.