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A business can have many sectors to which performance is valued. For some instances there is internal employee performance, sales performance, production performance, and more.
As far as cause goes there can be many factors involved in performance issues. Anything from an act of nature, bad PR campaign, bad ad agency, lawsuits, and more can negatively affect a company.
Another major reason for less performce in a business is the failure of its management/manager to set objectives and performance indicators in the various aspects, not necessarily only profit aspect, of the business. Setting up objectives in aspects like sales and adverts, staff development, innovation, marketing etc; and developing situable performace indicators for measurement of progress go a long way in ensuring overall business performance from bottom up and thus bring about a rugged and stable business where overall performance is brought about by performance of the constituent units of the business.
What else can I help you with?
What are the causes of business failure in Ghana?
Poor management less supervision investment
What is the impact of effective business communication to managerial performance?
What is the impact of effective business communication on managerial performance
What is the budget process?
it is an evaluation process. it compares the actual performance of the business against the projected performance of the business.
What is the budget review process?
it is an evaluation process. it compares the actual performance of the business against the projected performance of the business.
What are your performance or business goals?
hopeless
What is an performance expectations gap in business?
It is the gap between expected corporate performance and actual corporate performance.
What if the gross profit margin is lower than the benchmark?
It means that business has not perform upto banchmark performance and either company has less sales or more expenses due to which profit margin is less then market benchmark rate.
Is the profit figure the best way assess the financial performance of a business?
Yes, profit is it if you are talking about Financial performance of a business. But in term of overall performance of a business, you have to look at other aspects like productive/happy workers and responsibilities to the society
What is business performance?
what is business performance Business performance comes about when the resources of an organization, capital, assets human, are at the highest profitability level. It's not easy to get to that point, and hard to stay in that position. It requires constant development of products, ideas and and techniques.
How fashion can improve a business performance?
If you feel that you look good then it gives you more confidence. Confidence can help business performance in every way.
Is owners equity equal to the business liabilities less the business assets?
No. Owners Equity is equal to Business Assets less Business Liabilities.
What causes business cycle in South Africa?
There are many causes for the business cycle in south Africa. One of the causes for this business cycle is the need for income.
