| Author: | Laing, E. |
| Title: | Which products made a profit? |
| Journal: | Management Accounting (London)
1993 : JUN, VOL. 71:6, p. 34-36 |
| Index terms: | PRODUCTS PROFIT DECISION MAKING |
| Language: | eng |
| Abstract: | Knowing which products are profitable and which are not can be a significant help in pointing to required actions and decision making. The author describes what happened in a 'real life' example. This is the story of a company, which was doing badly. Potentially it faced closure but subsequently it was turned around. This article is a record of what actually happened in one Midlands engineering company. This story concentrates on how the relevant information was produced and on the action and results which then followed. |
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