2007-02-24 01:25:34 · 3 answers · asked by adit 1 in Business & Finance ➔ Other - Business & Finance
Well partially, could be yes! Yet you can't ignore other very very important aspecst of profits fluctuations meantime. For example, Amalgmation, Re-organisation, Mergers, Splits, Sub-divisions,...etc. could lead to fall in amount of profits for some time but would never mean that the organisation is not successful. One very recent example could be of Tata taking over Corus. The profitability of Tata Steel is going to plunge for sometime because of heavy borrowings' interest burden for the purpose, but would you call Tata Steel an unsuccessful organisation? Our Oil companies are suffering because of regulated price mechanism for oil, still they are very successful keeping in mind the political-social-business scenerio they work under.
2007-02-26 21:04:34 · answer #1 · answered by helpaneed 7 · 1⤊ 0⤋
Ofcourse the profit margin is one of the essential thing.
But, during trough times how do you account for this.
The right way is the engagement of the Company's asset that is " PEOPLE" belonging to the organisation.
How do the people engage for a company that much level the company can sustain all problems and BE SUCCESSFUL.
2007-02-24 23:56:05 · answer #2 · answered by babu n 2 · 0⤊ 0⤋
No, but by knowing the labour turnover ratio.
2007-02-24 10:46:50 · answer #3 · answered by preeti 1 · 0⤊ 0⤋