Business valuation in the enterprise management system
The article gives general characteristic of business evaluation as a part of management system of enterprise. The key elements of management system of enterprise are formulated: model of financial analysis, model of evaluation, model of strategic process and model of employee motivation. The main object of the article is to describe fundamental models, which are of great importance in order to implement valuation approach of modern enterprise management. The key elements of management system of enterprise are formulated: model of financial analysis, model of evaluation, model of strategic process and model of employee motivation. The attention to all models is given unequal, for instance the model of employee motivation is described briefly, however, the model of financial analysis is described in a detailed way. This approach is caused by the aim of the paper to give general characteristics of the models but not the full algorithm of creation business valuation system of a company, moreover such factors as stage of life cycle of a company, legal form of organization, size of the company, industry's specifics greatly influence on the practical implementation of given business valuation management system. Thus in this article the description of key elements and models are given.