Ubungozi kubalulekile!

Ezincwadini zezomnotho kunemibandela eminingi ehlukene, ekuqaleni engaqondakali kumfundi olula, owenze ukuzinikela ekutadisheni ibhizinisi kanye nezezimali. Lapho uqala ukufunda uMcconnell Economics ofanayo, ucabanga ukuthi ukungazwakali, ukushicilela uphawu, ukukhishwa kwemali yiwona wonke amagama asetshenziswa kuphela nge-caste ekhethekile yeziqalo, futhi akuzona ukuba baqonde ukufa kwabo okulula. Kulesi sihloko, siphikisa lo mbono futhi sichaza ngokuningiliziwe mayelana nokuthengwa kwemali.

Leli gama liyatholakaliswa hhayi kuphela ezincwadini nezihloko ezikhethekile, kepha futhi nasezintweni zemidiya yemidiya. Konke ngoba umelela enye yezimpawu ezibaluleke kakhulu zebhizinisi kanye nempahla ngayinye. Ubungozi ikhono lento okumele iphenduke masinyane ibe yimali, ngamanye amazwi - kutholakale ngenzuzo. Uma leyo mali ingashintshwa ibe yimali ngokushesha, ibizwa ngokuthi yi-liquid, uma kungenjalo-kungabikho.

Kulula ukuqagela ukuthi impahla enayo imali enkulu kakhulu imali eseduze noma kwi-akhawunti yenkampani. Kulula kakhulu ukuthengisa izinhlobo ezahlukene zezitifiketi zokufaka, ukuhlola, izikweletu zokushintshanisa, amasheya kanye nezinye izibambiso. Kuzoba nzima nakakhulu ukuthola ama-akhawunti atholakele, okuyingxenye yamafa. Ngaphezu kwalokho, ngenhloso yokwehlisa ukwaziswa, imikhiqizo eqediwe ekugcinweni kwempahla, izinto zokusetshenziswa nezinto ezihleliwe zenkampani zikhona.

Njengoba ubona, izimpahla zenkampani zingahle zibalwe ngokwezinga lekhono lokwamukela ngokushesha imali. Noma kunjalo, ukuthengiswa kwempahla akukwazi nje ukukhathaza uhlobo oluthile lwempahla. Lapho kuhlaziywa kwezomnotho, ukukhishwa kwamabhizinisi kubhekwa - kuyinhlangano yayo ngesikhathi esithile sokumboza izikweletu zayo kusuka kumpahla ekhona. Njengoba sesichazile kakade, izimpahla zinezimpahla ezihlukile, futhi ngalesi sizathu zihlukaniswe ngamaqembu amane - kusuka kulawo alula ukuwasebenzisa, kulabo abangenakwenzeka ukuthengisa. Izithombe ezifanayo zibalwa nezibopho - kusukela esikhathini esifushane kuya esikhathini eside. Okulandelayo, isilinganiso seqembu ngalinye kanye nezikweletu zibukwa, futhi kuye ngokuthi lokhu, ukuthengiswa kwebhizinisi kubhekwa njengephelele, okuphelele, okuyingxenye nendawo.

Enye yezinkomba ezicatshangelwe ngenkathi kuhlaziywa yi-liquidity yamanje - yilokhu okubizwa ngokuthi "isilinganiso sokuhlanganisa", esibonisa isilinganiso samagugu amaningi oketshezi ezibophezelweni eziphuthumayo kakhulu ekuvuthweni. Lesi sibonakaliso sinika abahlaziyili umbono wokuthi inkampani iyakwazi ukubhekana nesimo samanje, noma kakade kunesimo esibucayi. Uma isilinganiso sokubala singaphezu kwesinye, khona-ke asikho izizathu zokukhathazeka, kodwa kubhekwa ukuthi inani layo elihle kufanele libe ngububanzi buka 1.3-1.5 - lokhu kunikeza inkampani "imingcele yokuphepha" uma kwenzeka izimo ezingalindelekile. Uma isilinganiso sokubala singaphansi kweyodwa, kusho ukuthi ibhizinisi ngeke likwazi ukukhokha ama-counterparties alo, okungukuthi, kunenkinga yokuthengiswa kwezimali, okungekho lapho kutholakala izinyathelo eziphuthumayo zokuxazululwa, okungabangela ukuba kuphele imali.

Njengoba sibona, ukuthengwa kwempahla kungenye yezinkomba ezibaluleke kakhulu zomsebenzi kwanoma yikuphi okuqinile. Ukuqapha okuqhubekayo kokuthengwa kwezimali, ukuqapha okuqhubekayo kwezingqinamba ze-factor factor kwenza kube lula ukwenza izinqumo ngesikhathi esifanele ekulawuleni isimo samanje emabhizinisini. Lapho uqhuba ucwaningo, lo mbonakaliso ubuye ubaluleke kakhulu, futhi uma kwenzeka umcwaningi wamabhuku ekhomba izinkinga zokukhipha imali, kuyumthwalo wakhe ukuxwayisa ukuphathwa kwezinkampani eziseduze. Ukukwaziswa okwesikhashana kuzokunikeza amandla okuthatha izinyathelo zokunqoba le nkinga, ezosiza ekuqinisekiseni ukuthi ukuguqulwa kokuncipha kuya ekuchumeni.