Qf group manufactures a range of electrical products such as computers and televisions.All Qf managers have a wide span of control so delegation is important.The main objective of Qf group is growth. IDENTIFY AND EXPLAIN TWO REASONS WHY DELEGATION MIGHT BE IMPORTANT TO BUSINESSES LIKE QF GROUP?
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2013Revenue (sales) ($m) 600 (Net) profit ($m) 72 Capital employed ($m) 720 Gross profit margin 50% (Net) profit margin 12% Return on Capital Employed 2014Revenue (sales) ($m) 600(Net) profit ($m) 90Capital employed ($m) 750Gross profit margin 45%
2013Revenue (sales) ($m) 600 (Net) profit ($m) 72 Capital employed ($m) 720 Gross profit margin 50% (Net) profit margin 12% Return on Capital Employed 2014Revenue (sales) ($m) 600(Net) profit ($m) 90Capital employed ($m) 750Gross profit margin 45%(Net) profit margin ?
2013Revenue (sales) ($m) 600 (Net) profit ($m) 72 Capital employed ($m) 720 Gross profit margin 50% (Net) profit margin 12% Return on Capital Employed 2014Revenue (sales) ($m) 600(Net) profit ($m) 90Capital employed ($m) 750Gross profit margin 45%(Net) profit margin ?Return on Capital Employed ?
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