How well the company''s management is able to control costs

Reference no: EM133266920

Question: A company's operating efficiency is key to its financial success. Operating margin is one of the best indicators of efficiency. This metric considers a company's basic operational profit margin after deducting the variable costs of producing and marketing the company's products or services. Crucially, it indicates how well the company's management is able to control costs.

Good management is essential to a company's long-term sustainability. Good management can overcome an array of temporary problems, while bad management can lead to the collapse of even the most promising business (Maverick et al. 2021).

Reference no: EM133266920

Questions Cloud

What does decision maker over seat-of-pants decision-making : What advantages does research offer to the decision maker over seat-of-the-pants decision-making?

Provide a few business examples : Case - "Data Warehouse or Data Lake? Provide a few business examples of when you would use a data warehouse and when you would use a data lake

Calculate the npv for project : Hunt Inc. intends to invest in one of two competing types of computer-aided manufacturing equipment. CAM X and CAM Y. Both CAM X and CAM Y models have a project

How well the company''s management is able to control costs : HCA 530 Grand Canyon University Good management can overcome an array of temporary problems, while bad management can lead to the collapse of even the most

List the substantive audit procedures : On 30 September2022 the directors of Vaccinate decidedto sell land that Vaccinate was no longergoing to develop or use. The sale is considered to be highly prob

Discuss how agencies might reduce domestic violence : Do a search on the web for two resources that discuss how agencies might reduce domestic violence, hate crimes, or racialized violence of Indigenous peoples.

What is the amount of lease receivable : What is the amount of lease receivable presented on the current asset section?

Describe why power and privilege are important factors : MGMT 420 Centralia College describe why power and privilege are important factors in the workplace today - way in which you work with others who may

User Account

All Pages