Value Added Scoreboard - Definition and Calculation of Value Added Business Performance and Evaluation of Performance of BMW
GRIN Verlag, 2011 - 28 pages
Seminar paper from the year 2009 in the subject Business economics - Investment and Finance, grade: 2,3, Cologne University of Applied Sciences, course: International Management and Business Consulting, language: English, abstract: According to BIS ( Department for Business innovation and skills ), Value Added measures the amount of wealth created by a company and is of particular importance since it reflects the ability of companies to provide their customers with what they want and are prepared to pay for. As such, it provides a broader perspective on a company‟s economic contribution than operating profit. Mathematically, Value Added = Company Sales - Bought-in goods. Value added is regarded as one of the most important objective of a Firm or a company because it measures the amount of the wealth created by a company, from where we can analyze how a particular company is contributing to the economy of a certain country. Every year the "Value Added Scoreboard‟ measures the overall growth of a company and examines the efficiencies. The analysis will be in many different sectors, sometimes differentiated by a country or a region which we will talk in this paper later. The British Minister of State for Science and innovation Lord Paul Drayson mentioned in his ministerial foreword that innovation is essential to national competitiveness and to ensure that countries can respond to global challenges and opportunities. He also mentions the clear ambition of British government to make the UK the best place to do business. Chancellor of the Exchequer Mr. Alistair Darling mentioned his support to innovative businesses in the UK. Many people believe that the coming century will be an Asian century with Asia contributing one third of the global GDP. This is also a good reason to make the UK and Europe most welcoming place for businesses and especially innovative businesses. As Darling "There are many opportunities for the UK firms, we are helping them to meet that challenge t
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
2008 The Revenues Added Business Performance akademische Texte Amortisation & Impairment amortization schedule amount of wealth anti-lock brakes assets Automobile industries Banks Bikal Dhungel Value BMW GRIN BMW Group BMW Motorrad BMW produced BMW yearly report bought in items Calculation of Value Cologne company’s cost of bought cost of bought-in Daimler decreased Definition and Calculation depreciation Dhungel Value Added EBIT Employee Costs engine European Union financial sector Firm’s Fixed line telecommunication France Gas producers Germany global GRIN Verlag gross value added investment largest sector market of BMW measures the amount million Number of companies Oil & gas Oil and Gas oilhead Operating profit payments Performance and Evaluation Performance of BMW repayment model Research and Development Rolls-Royce service based economy sidecar swinging fork tax of euro Top three sectors top value total number United Kingdom Value Added Business Value Added Scoreboard value creation wealth created yearly report 2008