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Why was tobacco profitable?
Tobacco is a very profitable plant and product. It is profitable because it is widely needed and used. It is used in home remedies, and in smoking supplies.
What is intra firm and inter firm comparison?
what is intra firm comparison
It is more important to do what is strategically right than what is immediately profitable?
It is more important in the long term to do what is strategically right than what is immediately profitable. Doing what is immediately profitable can often lead to profit issues later.
What is inter firm comparison?
Inter-firm comparison is where you compare your particular firm or business to that of another business who are in a similar situation
Objectives of profitable and non profitable businesses?
The objectives of a nonprofit and a for profit business is to make money. Nonprofits handle the monies they collect much differently than for profit organizations.
Is it true that if a firm is profitable its survival is guaranteed?
No. A lot of things can cause a profitable firm to collapse.
Which financial statement shows how profitable the firm has been?
Income Statement
The value of a firm's reputation location earning capacity and other intangibles that make the business profitable are?
According to the book "Introduction to business" by Pride, Hughes and kapoor. Goodwill, is the value of a firm's reputation, location, earning capacity and other intangibles that make the business a profitable concern.
Is it profitable for a firm to continue employing additional resources as long as?
Marginal revenue product = marginal cost
What accounting statement best addresses the fact that a firm that's profitable on paper can be forced into bankruptcy?
income statement
What is a cartel and is such merger profitable?
A cartel is a joing of all business of same sort to form a single business. Cartel mergers are profitable. For example there are three firms which behave as a cartel, if all firms collude to act as a single firm, the merger will be profitable in oligopolistic industries. It will ensure the firm will gain an economic profit and will eventually drive off the weaker firm and the price benifit will go to consumers. (Term cartel is used when similar businesses merge to form a single business, a monopoly).
What is the most profitable form of farm diversification?
Franchising is a profitable form of carrying out firm diversification. The identity of the firm and its standard procedures are maintained but the franchisee commits a certain amount of money to set up a venue and trade in the franchiser's business model. Franchising can allow a business to quickly expand in a foreign territory.
How many lawyers work for DLA piper?
DLA Piper employs approximately 4,200 lawyers in over 30 countries worldwide. Based on the number of lawyers, it is the largest law firm. It is the second most profitable law firm.
Is profitability of the firm important in the short term debt paying ability of a firm?
Yes, profitability is important for a firm's short-term debt paying ability, as it influences cash flow and the capacity to meet immediate financial obligations. A profitable firm typically generates sufficient income, which can be used to cover short-term liabilities. However, liquidity also plays a crucial role; a firm may be profitable yet still face challenges if it lacks sufficient liquid assets. Therefore, while profitability is significant, it should be considered alongside liquidity to assess short-term debt repayment capability effectively.
A decrease in a firm's willingness to pay dividends is likely to result from an increase in its what?
A decrease in a firm's willingness to pay dividends is likely to result from an increase in its profitable investment opportunities. A dividend is a payment made by a corporation to its stockholders. It is a usually a distribution of profit.
If a firm is unable to cover the cost of the resources employed by the firm (including the opportunity cost of resources owned by the firm) the firm will?
If a firm is unable to cover the cost of the resources employed, including the opportunity cost, it will likely incur losses and may ultimately have to exit the market. This situation indicates that the firm is not generating sufficient revenue to justify its operations. In the long run, if this condition persists, the firm will either need to improve its efficiency, increase its pricing, or find a more profitable use for its resources.
What is volume flexibility mix flexibility design flexibility in world class manufacturing?
The ability of a firm to quickly increase or decrease its production rate and still be profitable.
