Measuring the competitiveness of the economic sectors of the sucre department: proposal from the financial management
Keywords:
Competitiveness, Financial Management, Measurement, Economic sectors, Liquidity, Efficiency, Indebtedness, ProfitabilityAbstract
The objective of this study was to carry out an analysis of the competitiveness of the three sectors of the economy: Primary, secondary and tertiary in the Department of Sucre. Through the use of financial management, a proposed model of competitiveness measurement was applied from the various financial analyzes: Liquidity, efficiency, indebtedness and profitability, endorsed by a panel of experts. As a result, the secondary sector proved to be the most competitive since the Department's financial management in terms of liquidity, efficiency and profitability, however, this is not the priority focus in the Departmental Development Plan. On the debt level, otherwise, the primary sector is found to be the most risky.
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