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Q. Explain Performance ratios - Return on capital employed?
Return on capital employed (ROCE) = (Profit before interest and tax (PBIT) / Capital employed) x 100%
The ROCE measures profitability and shows how well the business is utilising its capital to generate profits. Capital employed is debt and equity. Equity is shareholders' funds (share holders' funds) and debt is noncurrent liabilities. Capital employed can be found from the statement of financial position by taking the shareholders' funds (share capital and reserves) and long term debt.
Question: a) (i) How many components are there in an ideal mission statement of a business organisation? (ii) Name these components? b) Using the above named component
# 14 Strategy formulation presupposes a set of goals and objectives. Why aren''t goals and objectives obvious? What characteristics of people and organizations can make setting goa
Q. Show the Advantages of reward systems? ¸ Motivation can be heightened e.g. performance enhanced if paid by results. ¸ can inspire creativity e.g. bonuses paid for staff
QUESTION 1 Individuals at all levels are prone to resisting change. What are the five main reasons why individuals resist change? QUESTION 2 Research has identified six
Process design strategy define with example
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conduct a strategic analysis, and write a report on a real-life business (MYER) . This report will focus on business-level strategy.
a) What can you say about GOOD Y and GOOD X (a good can be an item, a commodity, etc.). Name a pair of good X and good y that can show this kind of relationship. b) Is the relati
Q. Show the Arguments against the controllability principle? - Political arguments may occur over such costs which are more subjective than objective when determining controll
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