FINANCIAL DECISIONS OF THE MANAGEMENT AND THEIR ROLE IN THE OPERATION OF THE ENTERPRISES IN TOURISM FIELD
FINANCIAL DECISIONS OF THE MANAGEMENT AND THEIR ROLE IN THE OPERATION OF THE ENTERPRISES IN TOURISM FIELD

Summary/Abstract: One of the essential things of management activities is making business decisions, including financial decision-making. Financial decision making in tourism management is characterized by the need for action and the existence of several guidelines for its realization. At the same time, the connection of the listed activities to the function of proper financial decision making is the basic requirement and task of the financial manager in tourism. Of course, all this is done in the direction of achieving the ultimate goal, increase in shareholder share price. In that sense, financial management in the enterprises in tourism field should give an answer to the optimal use, i.e., use of funds, provision of sources of financing, providing sources of financing, providing optimum cost of the engaged capital, deciding on the distribution of profits, as well as the dividend policy.

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