Should We Spend The Money?
Tuesday October 27, 2009
Managers are often faced with hard financial decisions. Is the cost of a new production machine justified by the benefit received? Is it cheaper to buy a customer management software package or build one ourselves? Should we close one location or cut all locations by 15%? The easiest way to answer those questions is with a cost benefit analysis. Here's how to do a cost benefit analysis and to avoid some of the common mistakes.
Although a cost benefit analysis is most commonly done on financial questions it can be used for almost anything. Not sure whether that proposed marketing campaign is a good idea? Do a cost benefit analysis. Worried about which health care plan to select for your employees? Do a cost benefit analysis. Should we outsource our call center to India, Jamaica, or Canada? Do a cost benefit analysis. It's a great tool. This article tells you how to do a cost benefit analysis right.
Should We Spend The Money?
Always, always when the elite get richer they strangle more and squeeze the last drop form employee as if there is any left, why is the coin so precious to many. Is food and good sleep with good health not the way of the intermediaries who can give you more service vigilant and loyal? You right! Make a better work condition the consumer will decide which one is BETTER. Stop crying. If they cannot do, better they should QUIT the GAME. Many managers cannot read a balance sheet, recognize a liquidity ratio, or calculate investment returns. Can you? Companies expect managers to use financial data to allocate resources and run their departments. However, many managers cannot read a balance sheet, would not recognize a liquidity ratio, and do not know how to calculate return on investment. This specially priced collection gives managers mastery of the financial basics they need to plan, budget, forecast, and control resources with confidence. The Financial Intelligence Collection will enable you to mine every bit of meaning from the financial reports that cross your desk, to employ financial techniques that can multiply your effectiveness, and to foresee business opportunities that remain invisible to others. If you are not a “numbers person,” this is the perfect way to learn what you have always needed to know. Do not miss this chance to do it. Bill the whole issues is not of the P/E ration. That is but like the acid test, the assets and the liabilities that gauges the liquidity of the company for that year whether it may survive the next 5 years as the debtors and creditors keep on changing. However, with the P/E ration if the employments go off the skew, you sit on the chair, twiddling the thumbs. That is our problem now as the health etc is still under consideration and Toyota has not come out with the cane juice cars .and cash flow cannot be balanced. Some one has stolen the cars for the junk deal.
I thank you
Firozali A Mulla