Process Management and Its Financial Impact on Industrial Companies in Ecuador and Latin America

Bibliographic Data

ID19577276
AuthorsGuido Poveda-Burgos (University of Guayaquil), Guido Poveda-Burgos Guido Poveda-Burgos, Rafael Apolinario-Quintana Rafael Apolinario-Quintana, Rafael Apolinario-Quintana (University of Guayaquil), Manuel Avilés-Noles Manuel Avilés-Noles, Manuel Avilés-Noles (Universidad Estatal de Milagro), Sonnia Molina-Orellana Sonnia Molina-Orellana, Sonnia Molina-Orellana (Universidad Estatal de Milagro), David Ramos-Tomalá David Ramos-Tomalá, David Ramos-Tomalá (University of Guayaquil), Pedro Avilés-Almeida Pedro Avilés-Almeida, Pedro Avilés-Almeida (University of Guayaquil), Luis Moya-Alchundia Luis Moya-Alchundia, Luis Moya-Alchundia (University of Guayaquil), Galvarino Casanueva-Yáñez (Universidad de Las Américas), Galvarino Casanueva-Yánez Galvarino Casanueva-Yánez
Year2024
Pages683-693
Publication date2024-09-05
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEvolutionary Studies in Imaginative Culture (JOURNAL)
Journal identifiersISSN: 2472-9876 • E-ISSN: 2472-9884
PublisherRaiya Academic International LLC (PUBLISHER)
DOI10.70082/esiculture.vi.907
OpenAlexW4402403677
LanguageEN

This article analyzes process management and its financial impact on industrial companies in Ecuador and Latin America. Through a literature review and case analysis, process management practices, their benefits and challenges, and how these practices influence the financial results of companies are explored. It highlights the key aspects that contribute to improving operational efficiency and profitability, providing recommendations for successfully implementing process management in the industrial sector

Business · Latin Americans · Political science · Business, Education, Mathematics Research · Business, Innovation, and Economy · Computer Science · Finance

Tools

Open DOIOpen Access