By B. H. Walley (auth.)
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Extra info for Efficiency Auditing
Wage rate movements men 40 Major Problem Finding and General Analyszs women youths and girls d. holidays e. industrial relations f indices of output. (xvi) Stocks and work-in-progress. (C) Technology and innovation Trends over last five years in: (i) Technological and innovative advance: a. use of raw materials b. new manufacturing processes c. new uses for old materials d. new products e. new skills in manufacturing f new equipment of various kinds g. expenditure on innovation (ii) List effect on: a.
Z. government investment in: railways docks and harbours fuel and power (including nuclear energy) aircraft general research Environmental Analysis J· k. l. m. n. o. 37 steel production public transport projects overseas public building (including major local government projects) marketing and distribution systems price support systems education and training monopolies and trade restrictions anti-pollution measures prices and incomes policies. (B) The national economy Trends of the last five years in: (i) Gross national product (at factor cost allowing for price changes).
And non-profit goals, and so on. An evaluation of the comparative advantage of each objective is required, and a choice made of those which best serve the interests of the company. 5 SOME FACTORS WHICH MAY HELP TO ESTABLISH QUANTI FlED OBJECTIVES 1. 2. 3. 4. 5. 6. 7. 8. 9. Achievements of similar companies. Desires of shareholders. Need for cash flow for capital expenditure. Compound growth rates. Improvement in past company performance. Industrial performance. National economic trends. Inflation.