Evaluación a la gestión financiera a la ferretería Los Andes, del cantón Quito, provincia de Pichincha para el periodo 2021-2022

Abstract

The ‘Ferretería los Andes’ does not have a structural organigram to designate functions to the responsible persons; in the financial area there is no evaluation of the financial management, reason for which the decisions are taken empirically, generating problems in the financial decision making, therefore, the objective of the present investigation was to carry out an ‘Evaluation of the financial management of the Ferretería los Andes, of the Canton Quito, Province of Pichincha for the period 2021-2022’. The methodology used had a qualitative and quantitative approach, a non-experimental design was used, because the variables described were not manipulated and was developed in a given period of time; the study population was the staff of the company, a documentary and field research was applied, to obtain more information the deductive, inductive, analytical and synthetic research methods were used, also used techniques and research tools, such as the interview applied to the manager of the company and the survey applied to all employees of the company. Once the evaluation of the financial management was completed, it was determined that ‘Ferretería los Andes’ does not have a structural organisation chart, its sales costs are too high, it has unproductive assets, its sales are not sufficiently developed, the financial indicators allowed a financial analysis to be carried out with the aim of contributing to an adequate financial decision making process. According to the above mentioned, the company should look for new suppliers in order to reduce costs, apply the ABC inventory method to identify low turnover materials so that they can be sold with discounts and promotions, by reducing unproductive assets and strengthening sales the company will generate greater profitability.