i cant find what i ans i should be given.......
1.measure growth of the firm 2.for comparison with other firms 3.appraisol of management performance 1.additiona cost to firm 2.
whay tha
Downsizing is the process of reducing the number of workers in a certain firm. There are a lot of reasons why a firm undergo into downsizing. One reason is to minimize the cost, and to increase productivity. This practice has its own disadvantages and advantages, let us first discuss some of the disadvantages of downsizing. First is that downsizing forces re-thinking of employment strategy, lifelong strategy will no longer be effective after a downsizing. Next, violation of psychological contract, simply because due to downsizing the workers lower their work commitment.If their are disadvantages of downsizing their are also advantages out of this practice. Changes in Strategy,Organization structure and Culture accompany job cuts of downsizing.
Inventory.
3
price $$$
it is FSA
Stock on hand or inventory
Advantages: i) Less chance of bad debts ii) Recover money more quickly and thereby reducing the Cash Conversion Cycle Disadvantages: i) Customers may object and the firm may lose sales/customers ii) Expensive Strategy as we have to call customers again and again or send them letters several times.
Advantages:capital gains when sold at higher pricesProfit from capital gainsDisadvantages:Shareholders gain a say in how the firm is run and are entitled to share of profits.Decreases control over the business (possible takeover)
Like what type of business? An accounting firm wouldn't have an inventory account. A manufacturer would have an inventory. Think of it as if a company is selling a product as opposed to services they would generally have an inventory account.