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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.
do all organisations need strategic plan/ and what are the characteristics of good strategic plan
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Q. Explain about Residual income? Residual income is profit earned by a division less a "notional interest charge" for investment of finance within it.
what are the advantages of using tha general nine electric model
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1. “A mission describes what the organization is now; a vision statement describes what the organization would like to become.” Differentiate between corporate mission and strategi
The long-term cash-making capability of the company
Linking Strategic Organizational Initiatives to Purpose, Mission, and Vision Select an existing business that is entering into a new or emerging market for that company. You may
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