1.measure growth of the firm 2.for comparison with other firms 3.appraisol of management performance 1.additiona cost to firm 2.
i cant find what i ans i should be given.......
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.
Yes, a firm with an investment in retail stores should carry finished goods inventory to meet customer demand and ensure product availability. Holding inventory allows the firm to respond quickly to sales fluctuations and seasonal trends, enhancing customer satisfaction and reducing the risk of stockouts. Additionally, it can help optimize supply chain efficiency by balancing lead times and providing a buffer against supply disruptions. However, the firm must also manage inventory levels carefully to avoid excess stock and associated carrying costs.
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Inventory.
3
it is FSA
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)
Stock on hand or inventory