Download Tag: PERFORMANCE OF AN ORGANIZATION

CHAPTER ONE INTRODUCTION 1.1       Background of the Study Financial Analysis is the process of assessing the financial position of a company by analyzing its stability, viability and profitability. One of the primary objectives of financial analysis is to recognize changes in financial trends, to help measure the progress made by an enterprise and identify a relationship to draw a logical conclusion on the performance of the company. Another major aspect ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY Inventory constitutes a major portion of current assets, especially in manufacturing companies and retail/trading firms. In order to maintain inventory levels of such magnitude, huge financial resources are committed to them (Mittal, 2014). As such, inventory also constitutes a major component of working capital. To a large extent, the success or failure of a business depends upon its inventory management performances. Inventory management, ...