0
Because there are 4 types of factors you have to check to compare the sizes of businesses. There are problems for each factor. The first factor is Comparing business size by the number of employees. The problem with this is that some large businesses use a lot of machinery. The second sector is Comparing business size by value of output and sales. The problem with this is that a firm which sells a small number of expensive goods can have a higher turnover than another firm which sells a large number of inexpensive goods. The third factor is Comparing business size by capital employed. The problem with this is that some businesses might have a lot of workers and very little machinery. The fourth factor is Comparing business size by profit. The problem with this is that a business may have invested a low capital and have many staff but profits could be low.
Sorry for the long answer and hope it helped :D
What else can I help you with?
How does the government support different types of organisations?
Government supports different types of businessin different ways. for the private sector, the government tries to create an environment in which businesses can compete with each other on level terms regardless of size. where firms appear to be too
What is the percentage of small businesses vs corporations in the US?
As of recent data, small businesses account for approximately 99.9% of all businesses in the United States, while corporations make up a much smaller percentage. Specifically, small businesses employ nearly half of the private workforce and generate a significant portion of new job creation. In contrast, corporations, while fewer in number, often have a substantial impact on the economy due to their size and revenue. Overall, small businesses play a crucial role in the U.S. economy.
What is gross domestic product and how does it serve as a comprehensive measure of economic activity within a country?
Gross Domestic Product (GDP) is the total value of all goods and services produced within a country's borders in a specific time period. It serves as a comprehensive measure of economic activity by providing a snapshot of a country's overall economic performance, including the size of its economy, level of production, and standard of living. GDP helps policymakers, businesses, and individuals understand the health and growth of the economy, make informed decisions, and compare economic performance across different countries.
What is the significance of Blackwell order in the context of mathematical sets?
In the context of mathematical sets, the Blackwell order is significant because it provides a way to compare and order sets based on their cardinality or size. This order helps mathematicians understand the relationships between different sets and can be used to study the properties of infinite sets.
What services are provided by a Roter Rooter?
Roter-Rooter provides Plumbing and Drain Services. They provide these services for Homes, Businesses, Industrial and Municipal Structures. Roter-Rooter will do any size job.
Why are common sized income statements used?
Common size statements are used to facilitate the comparison of operating results of different businesses. For example, if one company is 1/3 the size of another in terms of revenue, looking at the raw dollars doesn't help much. Common size statements put the numbers as percent of revenue, thereby making it easier to compare the financial results of the businesses.
What problems are there in measuring the size of any business?
There are several ways to measure and compare business size and they often give different results. For example, a business may be measured in output sales levels and seem small but in market share seem big if the total market is small. Also there is no internationally agreed definition of small, medium and large so businesses will fall into different categories in different countries. For example a small business in America may be equal size to a big business in Barbados.
Why does different organisations have different aims and objectives depending on the size of the company and the type of business activity?
it depends upon the size of business for example small businesses such as sole traders or partnerships want to survive and hopefully make a profit. Larger businesses however have profit margins, competition and economies of scale as key aims. The aim of a business is very relative to its size.
How does saturns size and atmosphere compare to earth?
it is bigger, much bigger. The atmosphere is different because of the gases that compose it.
Is a mango larger than an apple?
It all depends on the size of each. You're trying to compare different things. It's like trying to compare apples and oranges. Or Mangoes.
How does density and upthrust compare in size?
Upthrust cancels weight out, weight is there but you do not feel it.
How does the size of the sun compare to the size of the planets'?
larger
What is a British size 43 compare to US size?
size 11
How does the size of he egg compare to the size of a sperm?
i like red
How does the size of the sun compare to the the size of other planets?
larger
How does the Matterhorn compare size with peaks in the Rockies?
how does matterhorn compare to the peaks of the rockies
How do your cells compare to the cells of smaller animals in size?
All of the animals cell are almost same. They have the same structures, and organelle. But they have different gene. That's what makes them different from us.
