nowing how the various sections of the company are functioning will help the manager identify where the company is strong, where it is weaker, and what things the manager can improve. This should assist the manager in managing the company performance in a proactive and effective manner. The following is an extract of Adidas Consolidated Income Statement for the year ending 31 December 2020: Based on the information given, it can be seen that the company's performance decreased compared to the previous year. If the HQ decides to close one of its branches a)EXPLAIN THREE (3) reasons why the company should not make the decision solely based on the financial report produced b). Instead of focusing on the financial aspect when making a decision, EXPLAIN TWO Non-financial aspects that the HQ should consider in making their decision that could help them in maximizing their productivity and profit
Knowing how the various sections of the company are functioning will help the manager identify where the company is strong, where it is weaker, and what things the manager can improve. This should assist the manager in managing the company performance in a proactive and effective manner. The following is an extract of Adidas Consolidated Income Statement for the year ending 31 December 2020:
Based on the information given, it can be seen that the company's performance decreased compared to the previous year. If the HQ decides to close one of its branches
a)EXPLAIN THREE (3) reasons why the company should not make the decision solely based on the financial report produced
b). Instead of focusing on the financial aspect when making a decision, EXPLAIN TWO Non-financial aspects that the HQ should consider in making their decision that could help them in maximizing their productivity and profit
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