there is no mean of measuring the size of the business in any form even by
1.capital employed or generated-- because even small firms can make more profit than big firms.
2.number of brunches--even some footloose businesses have a lot of branches.
3.number of employees--some businesses are capital intensive businesses and they use machinery instead of human labour.
4.the amount of export-since small company's can even export a lot than bigger company's and large M N C's.
to what extent does profitability of a firm measure its efficiency
_____ measure how effectively a firm manages assets to generate revenue.
quick ratios
It depends on the size of the firm one works at.
property,income expenditure,size of the family
to what extent does profitability of a firm measure its efficiency
C) What is the goal of the firm? Discuss how to measure achievement of this goal?
C) What is the goal of the firm? Discuss how to measure achievement of this goal?
size of the firm
___ measure how effectively a firm manages assets to generate revenue
Yes, always. Responsibility varies drastically by size of said firm but they will always be active agents of the firm, in a case or in the press
_____ measure how effectively a firm manages assets to generate revenue.
The measure on how effectively a firm uses its assets to generate revenue is the profit margin. This will determine if the firm is running at a profit or at a loss.
Measure the inside diameter and that is your nominal size.
With a tape measure!
The short run is a firm's technology and the size of its factory, store, or office are fixed. In the long run, a firm is able to adopt new technology and to increase or decrease the size of its physical plant.
Just try it on and whatever size fits, or you can do it the hard way and measure your waist with a tape measure and go measure their selection of jeans.