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Essay example - Udoka corporation case study
Pages 13 (3263 words)
There is close relation between the operational activities and financial activities as both of these areas are inter-dependent on each other. Proper financial planning for operational activities increases its performance which helps to achieve better operating financial performance. …
Extract of sample
Operational process is the core area that has to be very efficient to retain the sustainability of a company. Therefore, in order to maintain a higher level of operational process, proper evaluation and controlling activities are inevitable. The evaluation of operational analysis can be done using the financial evaluation techniques specifically the ratio analysis. Besides, the management decisions and future strategies should also be analysed for determining the future growth of company in terms of operational performance. Hence, in this regard necessary information is essential like the financial data and management planning for operational process. However, merely computing the operational ratios will not offer very clear picture of a company’s performance. The results of evaluation must be compared with the peer rivals and with industrial average performance. There are also other financial techniques apart from the ratio analysis like horizontal analysis which is helpful in comparing company performance in comparison to performances in previous years. As this report aims to evaluate operational performances of Udoka Corporation, outcome from the horizontal analysis can be used to assess improvements or degradation in Udoka’s performance. The primary aim for this analysis to is identify the underlying issues in Udoka’s operational performances and accordingly a set of plausible and specific recommendation will be offered. ...
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