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Problems of profit based measures
- Absolute profit measures ignore the amount of investment in the division e.g. does not look at profit relative to capital employed.
- So many different measures of profitability and profit terminology.
- Practical and political problems when addressing 'uncontrollable' expenditure.
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groups and or teams will solve all the effectiveness and efficiency challenges facing the 21st century organisation
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explain strategy as an organisational process
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According to strategic management, The company has used location strategy to sustain its market share in the food and beverages industry. The company has selected high traffic area
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