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Measuring Performance of Jengo Ltd
Pages 11 (2761 words)
Budgeting not only signifies the strategic objective of an organisation but also focuses on the process through which the ultimate objective shall be attained and the total expenditure likely to arise due to the execution of the planning.
The objective of the paper is to identify the profitability of Jengo Ltd. that shall be beneficial for Palisade Plc. and thus shall provide with a reliable cause to purchase 50% of the organisation’s stake. In this regard, the paper will emphasise on identifying the nature of the business along with an in-depth understanding of the industry structure rewarding significant opportunities and noteworthy threats to the company’s success. The implication of balanced scorecard will also be considered in the paper to measure the performance of Jengo Ltd. Therefore, the paper will aim at supporting or opposing the decision of Palisade Plc. to purchase 50% of Jengo Ltd, based on the result of the analysis. a) Explanation of the Nature of the Business The nature of a firm depends largely on the business related environmental aspects such as economic fluctuations, social considerations, political involvement, technological development and other influencing factors. ...
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