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Q: Is using the number of employed to measure the business size the best method?
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The business cycle is measured by the?

production and number of people employed


Do you need a tax number for a home base business?

A self employed taxpayer you could use your social security number.


What are the advantages and the disadvantages of return on capital employed?

This is used to measure the amounts of returns they get from their employees. It can sometimes show an inaccurate number.


What is the formula for evaluating a business' goodwill?

Goodwill (by Average profit Method) = Average profit X No.of years purchaseGoodwill(by Super profit method) Normal profit = Average capital employed X Normal rate of return / 100Super profit = Actual profit- Normal profitGoodwill = Super profit x Number of years purchase (usually specified in question)


What are the Importance of manpower development in the business processes?

Manpower development is important for businesses to operate efficiently. Manpower development ensures that a business has the right number of people employed in the positions which they are best suited for.


How do you measure the size of a business?

The size of a business is not measured according to the size of its building, but other factors such as: • The market share of the business • The level of sales turnover • The number of employees • The value of the business • The value of capital employed The market share of the business is normally measured as a percentage. Obviously, the larger the percentage share of the market the larger the business. This measure is only useful for comparing businesses in the same industry; one business with 50% market share may be much larger or smaller than another business with the same market share if it is in a different sized market. The level of sales turnover can be used to measure the size of the business. The 1985 Companies Act says: "a firm with turnover less than £1.4 million is small. If turnover lies between £1.4 million and £5.75 million then the firm is medium size. If turnover is over £5.75 million it is large". The number of employees is an easy way of measuring the size of a business. It can be difficult to compare businesses in different markets using this measure, for example, a retail business may employ more people than a car manufacturer, but this does not mean the retailer is larger. This is because the car manufacturer uses a large amount of machinery, therefore it does not need as many workers. The value of the business measures the value of the business if it were to be sold. This value can vary enormously depending upon if there is another business wanting to buy it. The value of capital employed calculates the value of everything the business owns, in other words, how much it would cost to replace all of the businesses assets.


What's the starting salary for the business administration?

Working in business administration can bring in a varied salary between $43,000 a year to roughly $72,000 a year. This difference in salaries depends on a number of factors from whether he has a degree to what type of business he is employed with.


What is a measure of productivity?

A measure of productivity is a way to tell how much work is getting accomplished at a business. For instance, the number of shelves that get fully-stocked during a shift is an example of a productivity measure.


How does number of people employed now compare to number employed prior to recession in 2008?

As of August 2013, the number of people employed now compared to the number employed prior to the recession in 2008 in growing. Due to improvements in the private sector, many businesses are hiring and improving numbers overall.


What productivity measure should be used to evaluate the effectiveness of patrol officers?

There are a number of productivity measure that should be used to evaluate the effectiveness of patrol officers. Comparative performance is one of the best measures that can be employed for proper productivity evaluation.


How can you measure the size of the business?

The size of a business can be measured in various ways, such as by annual revenue, number of employees, market share, or physical footprint. Other factors like profit margins, assets, and customer base can also provide insight into the size and scale of a business. Ultimately, the most appropriate measure will depend on the specific industry and context of the business being evaluated.


How many people where employed in Utah?

the answer to how many people where employed in Utah is the number of 6,000,000,000,