PROFITABILITY RATIOS One of the most important measures of a company’s success is its profitability. However‚ individual figures shown in the income statement/profit and loss account for gross profit and net profit mean very little by themselves. When these profit figures are expressed as a percentage of sales‚ they are more useful. This percentage can then be compared with those of previous years‚ or with the percentages of other similar companies. Changes in the gross profit percentage ratio
Premium Generally Accepted Accounting Principles Marketing Profit
Corporate Culture : The Key to Understanding Work Organisations Organisational or corporate culture is widely held to refer to a system of shared meanings held by members that distinguishes the organisation from other organisations‚ that is a set of shared key characteristics or values. The culture that an organisation has will play an important part in its success in its market sector. Likewise an organisation’s continued success will depend to a large extent on the ability of the leadership
Premium Organizational studies Organization Management
Module Corporate Governance Business Ethics & CSR H9CGBE: Corporate Governance Business Ethics & CSR Extra Header Data Module Delivered in Programme Code MBA MSCMGMTD MSCMRKD PGDMGT Programme Master of Business Administration Msc in Management MSc in Marketing Postgraduate Diploma in Science in Management Semester 2 1 1 2 Delivery Mandatory Mandatory Elective Mandatory Module Delivered in Programme Code MBA MSCMGMTD MSCMRKD PGDMGT Programme Master of Business Administration Msc in Management
Premium Business ethics Corporate social responsibility
Business Law Prof: Adam Pincus 12/6/11 Pros and Cons of Philly’s proposed soda tax ‚ if it had taken place In April of 2010‚ Mayor Michael Nutter proposed a tax on soda (and other sweet beverages)‚ in an attempt to try to generate more revenue for the city and curb the city’s growing child obesity issue. The soda tax was an idea to generate millions of dollars in revenue for the city. The tax would’ve added an estimated $77million to the city’s coffers‚ $20 million of which‚ would go towards
Premium Nutrition Obesity Convenience store
EFFECTS OF MOTIVATION ON EMPLOYEES IN SIGINON FREIGHT (A CASE STUDY AT SIGINON GLOBAL LOGISTICS) CHAPTER ONE A. INTRODUCTION Employee motivation is one of the important issues faced by every organization. The main task which every manager has to perform is to motivate his subordinates or to create the ‘will to work’ among them .The efficiency of an employee depends on two factors‚ first is the level of ability to do a certain work and second is the willingness to do the work. Ability can
Premium Maslow's hierarchy of needs Motivation
The Impact of ABC and EVA on Business Profitability and Performance. Value-added activity-based costing (ABC) and economic value added (EVA) measures have much impact on business profitability and performance. With the implementation of the ABC methodology‚ companies are able to pinpoint the products that are most profitable‚ determine what contributes to financial performance‚ forecast costs‚ profits‚ and amount of resources needed‚ identify the root of poor financial performance and
Premium Profit Value added Balanced scorecard
Lecture 3 : Corporate Tax Tutorial Question Question 1 Dinishah Sdn Bhd manufactures glass products for both the local and export markets. The company’s income statement for the year ended 31 December 2011 is as follows: Notes RM Sales revenue 1‚200‚000 Less: Cost of sales 1 (230‚000) Gross profit 970‚000 Operating expenses 2-6 (650‚000) Profit before tax 320‚000 Notes 1 Cost of sales includes the following: RM Provision for stock obsolescence
Premium Revenue Depreciation Expense
CUSTOMER PROFITABILITY ANALYSIS: CHALLENGES AND NEW DIRECTIONS Summary This article presents the concept of modifying cost accounting system in order to provide measurements from a customer profitability viewpoint. Most management accounting systems focus on products‚ departments or geographical areas‚ which have little to do with customers. A questionnaire was sent to marketing managers and marketing controllers and interviews with respondents. Much of this article draws on qualitative responses
Premium Customer service Cost accounting Customer
structure. However‚ Professor Child (2005) went further to explain that structure is about responsibilities and behaviour of organization’s members and how process will lead to good performance. I see structural organisation as a hierarchal‚ vertical‚ rigid structure‚ whereas process organisation as an interconnected‚ horizontal‚ soft structure. My organization is
Premium Organization Structure Management
BUSINESS ETHICS & CORPORATE GOVERNANCE BUSINESS ETHICS Distinguishing: • Ethics • Ethics in Business • Business Ethics • Governance • Corporate Governance • Good Corporate Governance In brief: • Ethics: code of conduct for personal behaviour. • Ethics in Business: Applying personal ethics into business. • Business Ethics: Ethics of business‚ what is good & bad‚ right or wrong for business. • Governance: Methods and practices
Premium Ethics Business ethics