There has been a great increase in Cost of goods or expenses.
Sales might increase because prices dropped. They might increase because more expensive salesmen were hired. They might increase because the neighborhood improved in value, however, taxes will go up or rent will go up. Thus, just because sales increase does not mean profits always increase.
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Retrenchment is the act of cutting down or reduction, particularly in the area of public expenditure, money availability would cause the need to retrench.Some of the causes of retrenchment are:Technology:New technologies can cause the need for company reorganization. For instance, if there is a new machine that digs a ditch, you would hire a person to run the machine, but let go the ten man shovel crew.Economics:A company might need to reduce costs, or simply wish to increase profits. Sometimes retrenchment is needed for a company's economic survival.Structural:The restructuring of a company can sometimes make a position redundant. To increase efficiency, some people may be offered other positions. If they do not wish to take the new position, they could be retrenched.
A small business might aim to survive but when it is successful it might change its aims to increasing profits.
Profits can fluctuate. Just because a firm is not making a profit at the moment does not mean that they won't be making a profit in the future. Hope springs eternal.
A competitors is a person that buys something from a business
Sales might increase because prices dropped. They might increase because more expensive salesmen were hired. They might increase because the neighborhood improved in value, however, taxes will go up or rent will go up. Thus, just because sales increase does not mean profits always increase.
Your company's CEO has just learned that your firm's equity can be viewed as an option. Why might he want to increase the riskiness of the company and why might other stakeholders be unhappy about this?
manager of what? Not enough detail was provided to anser the question. Perhaps if you were able to properly posit your questions, your profits might increase...
A firm might increase its profits by raising its wages to attract more qualified staff. The staff may stay longer and be more committed and good at their jobs as a result of higher pay. They will be happier which will result in increased customer satisfaction. The firm will make more money as a result of having more efficient workers.
A public limited company might want to change to a franchise business because they want to invest in more money and gain more profits.
Its Market capitalization, gross profit, gross revenue, number of employees, number of clients etc
Most likely because of their location and desire to increase economic status and revenue
Since Lee took control of Samsung in 1987, sales have surged to $179 billion last year, making it the world's largest electronics company by revenue. That makes Samsung Electronics the world's largest electronics company by revenue.
Examples of strategic decisions might be to focus efforts on a new product or to increase production output.
Attracting more businesses might raise corporate tax revenue.
After cutting wages and benefits in order to increase profit