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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.
Product flows, information flows, service flows participants' roles
Write policy guidelines for Heads of Departments on: Cash Flow and Capital Investment Stock Control and Depreciation.
does this concept fit in under the evaluation of strategic options
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