(855) 4-ESSAYS

Type a new keyword(s) and press Enter to search

Evaluation of Business Performance

The reason why debt ratio has increased could be due to the owner relying more on creditor's turnover or the owner themselves putting in less money. For return on owner's investment it actually shown to be decreasing. Sacko's sport store is more likely increasing their investment into the business which means that the business is most likely more reliant on their own funds to operate the business. This could mean the return might not be as great. Capital does not attract interest, which means less interest repayments as otherwise incurred if the business took out loans to fund the assets of the business.
             Remarkably, debtor's turnover was increasing favourably from 2012 to 2014 going from about 24 to 29. Debtor's turnover measures the number of days to convert sales into cash. This could have increased due to the new credit facility they have. Due to an increase in debtor's turnover, this means Sacko's sport store was inefficient in converting credit sales to cash. Due to its high number of days it means there is an inability to convert credit sales to cash, they need to follow up aged debtors to reduce the risk of bad debts and increase cash inflow to pay debts where they fall due. Likewise stock turnover as also increased, stock turnover measures the number of days to convert stock to sales. The reason for this might be that the business is holding more stock. However with the high number of days it means that there is slow moving stock, this could be due to the business' inability to generate sales and convert sales into cash receipts to repay debts when they fall due. Slower moving stock also means a decrease in sales which means there is a decrease in ability to repay debts. Creditor's turnover has shown to be decreasing, creditors turnover measures the number of days it takes to pay creditors. This could be due to not receiving money fast enough from debtors. It appears that the average creditors increased while credit purchases remain unchanged.


Essays Related to Evaluation of Business Performance

1. Employee Performance Appraisal and Motivation

[Llo09] Performance Appraisal A performance appraisal is a process in which a rater or raters evaluate the performance of an employee. More specifically, during a performance appraisal period, rater(s) observe, interact with, and evaluate a person's performance. ... During the meeting, the employee is evaluated with respect to success in achieving last year's goals, and new goals are set for the next performance appraisal period. ... Performance evaluations are motivational for employees who are looking to enhance their personal learning, growth, and development. ... [Llo09] Motiva...

  • Word Count: 1116
  • Approx Pages: 4
  • Has Bibliography
  • Grade Level: Undergraduate

2. Improving Performance Management and Output

Russel Sampath and along with Mr.Derek Mahabir who is the Business Developing Director. ... However, these same businesses may have "gaps " that allows poor monitoring and managing performance to develop to the point where desperate actions are required. ... 1.5 Aim To analyse and evaluate how the results from studying performance management in Damus Building Solutions can be beneficial. 1.6 Objectives 1. ... Goodale (1997) states that "performance management supports two objectives: 1) to evaluate the past and 2) to plan the future ". ... The research strategies utilized are surveys, inte...

  • Word Count: 2119
  • Approx Pages: 8
  • Grade Level: Undergraduate

3. Pay For Performance

In many organizations, performance management is an on-going cycle of setting, implementing, evaluating and rewarding performance, all with continuing feedback and coaching. In addition, base pay is linked to performance through performance evaluation so that exceptional performers receive a greater level of reward. ... The employee's last performance evaluation is an important factor in making these pay decisions. When evaluating performance, managers look at: The extent to which the employee met, exceeded or did not meet their performance objectives, and The extent to which the em...

  • Word Count: 638
  • Approx Pages: 3

4. Business Development - Microsoft Corporation

(Microsoft corporation history, n.d) During year 2011, Microsoft had introduced forced ranking evaluation system to establish a clear link between performance and compensation. ... (Bashir, Bashir, & Rohra, 2011) Forced ranking is a performance appraisal method of forced distribution, where managers are required to distribute ratings for those being evaluated, into a pre-specified performance distribution ranking. ... (Pawan Alamchandani, 2014) Force ranking approach in Microsoft is done by assessment of managers who are one or two level above the employees towards the performance criteria t...

  • Word Count: 1320
  • Approx Pages: 5
  • Has Bibliography
  • Grade Level: Undergraduate

5. Gentran Analysis - Performance Management

Key Issues Identified and Recommendations Business Plan Issues - Absence of a road map to achieve objectives & implement business goals - Inefficient change management process due to differences in management philosophies - No strategy to implement responsibility management coupled with absence of process ownership & responsibilities Recommendations - Define objective business plan with the help of BSC to implement the business goals aligned to the KSF of the JV - Establish responsibility and accountability for process owners of the business plan Leadership Issues - No strong top-down ...

  • Word Count: 1463
  • Approx Pages: 6

6. Motivation, Job Satisfaction and Employee Performance

Motivation, Job Satisfaction, and Job Performance Amber J. ... Motivation is crucial for talent retention and performance. ... Motivation is crucial for talent retention and performance. ... Job satisfaction leads to job performance, but only when performance is linked to valued rewards. ... It asserts that performance is a multiplicative function of expectancy (the belief that effort will lead to performance), instrumentality (the belief that performance will lead to rewards) and valance (the perceived value of the rewards or outcomes of performance). ...

  • Word Count: 2079
  • Approx Pages: 8
  • Grade Level: Undergraduate

7. Performance Appraisals

Abstract Performance appraisals are a hot topic in companies of today's business world. ... Do the positive characteristics outweigh the negative, and can we afford to venture in today's corporate business world without a performance appraisal system in place? Are performance appraisals an integral part of an organization's very existence, or are they nothing more than an expensive and time-consuming burden that all business" of today must put up with in order to function properly in the corporate world? ....

  • Word Count: 2578
  • Approx Pages: 10
  • Has Bibliography

8. Evaluation of Duke Energy's Financial Strengths

However, for the purposes of this evaluation I will focus on the company's actual Financial Performance measures to close out my evaluation to make a decision. ... The History of Duke will include how the company got started, their goals and mission and how long the company has been in business. The history will also include the economy's major Boom's and how Duke Energy managed to pull through and maintain in business. ... The History of Duke will include how the company got started, their goals and mission and how long the company has been in business. The history will also in...

  • Word Count: 1307
  • Approx Pages: 5

9. Women In Business

Women in Business As executives or business owners, women tend to run their businesses differently than men. ... A woman's approach to business ownership lies in the way a woman understands business ownership. When you own a business, no matter what that business is, you are automatically in the people business. ... These studies were not designed to find gender differences; they were stumbled upon while compiling and analyzing performance evaluations. ... (Business Week Nov. "99 pg. 108) Some believe that people skills aren't business skills. ...

  • Word Count: 630
  • Approx Pages: 3

10. Descriptive Statistics of Employee Performances

Descriptive Statistics of Employee Performances Performance appraisal is one such method that allows for the optimization of labor. In a broad sense, it is a formal structure that allows for the continued measuring and evaluation of individual behaviors and performance, while influencing an employees job related attributes through such factors as increased job satisfaction and recognition (with the use of promotional aids such as better equipment, duties, and wages). ... By doing so, businesses move one-step closer to the achievement of their set goals and objectives. ... The second step revo...

  • Word Count: 1228
  • Approx Pages: 5
  • Has Bibliography
  • Grade Level: High School

Got a writing question? Ask our professional writer!
Submit My Question