Innova ITFIP Magazine

medhive methodology: development of digital competences in the educational context

Américo Sirvente

Tamara Abigail Bitar

Iris Jiménez Pitre

DOI: https://doi.org/10.54198/innova08.08

Keywords: Digital skills, ICT, Technologies in educational environments, YouTube

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Abstract

The purpose of this article is to determine the relationship between financial planning and profitability in companies providing electro-submersible pumping services in pdvsa's Moporo Field, Zulia state, Venezuela. To this end, a descriptive, correlational research was carried out with non-experimental field and transactional design, supported by the survey as an instrument which was applied to different people in the financial and managerial area of the baker hughes companies to GE Company and Schlumberger. The research showed that the companies mentioned above consider the revenue and expenditure budget in their planning, however, they have problems considering the cash budget by not being able to control the amount they require to meet the ordinary needs of resources and not being able to include the expected cash inflows for the specific financial period, in addition it is concluded that companies do indeed consider the capital budget and profit budget to prepare long-term financial plans, in the same way it is observed that the profit margin and the rotation of assets are calculated by the companies for the calculation of the economic profitability , in the same way both the profit margin and the turnover of assets are studied to determine the financial profitability. Finally, it was obtained that financial planning and profitability have a weak relationship in the present study with a Pearson correlation value of 0.36.

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References

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