business size Flashcards
1
Q
why size matters
A
size of a business matches its level of operations
2
Q
who needs to know size of business
A
gov-taxes
employees-pensions,career progress
investors-buy/sell shares,expansion
customers-reliability,reputation
communities-local jobs,csr
3
Q
how size is measured
A
num of employees
sales revenue
profit levels
market share
capital employed
market capitalisation
4
Q
impact of size in operations
A
structure
work specialisation
departmentalisation
