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Characteristics of medium scale enterprises?

1) its between small scale and large scale enterprise 2) it has 250 workers at maximum 3) annual turnover does not exceed EUR 50 million 4)annual balance-sheet total does not exceed EUR 43 million


What is finished goods turnover ratio?

turnover ratio +


What does the business term turnover mean?

In a business context, turnover refers to the total revenue generated by a company during a specific period, typically a year. It can also indicate the rate at which employees leave and are replaced within an organization, known as employee turnover. High turnover can suggest issues with employee satisfaction or company culture, while high sales turnover reflects strong sales performance. Understanding both types of turnover is crucial for assessing a company's financial health and operational efficiency.


What is the approx turnover of One Stop Stores Ltd?

The approximate turnover of One Stop Stores Ltd is over $70 billion a year. This includes the revenue it gets from Tesco and all its affiliated stores and franchises.


What does increase turnover mean business?

In a business context, an increase in turnover typically refers to a rise in the total revenue generated from sales over a specific period. This growth can indicate improved sales performance, effective marketing strategies, or enhanced customer demand. However, it's essential to consider that higher turnover does not always equate to increased profit, as it may also involve higher costs or lower margins. Thus, businesses should analyze turnover alongside other financial metrics to gain a comprehensive understanding of their performance.