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Last year Jain Technologies had $250 million of sales and $100 million of fixed assets,so its FA/Sales ratio was 40%.However,its fixed assets were used at only 75% of capacity.Now the company is developing its financial forecast for the coming year.As part of that process,the company wants to set its target Fixed Assets/Sales ratio at the level it would have had had it been operating at full capacity.What target FA/Sales ratio should the company set?
Reengineering
The radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.
Strategic Management Process
The comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission, vision, and strategy throughout an organization.
Strategy Implementation
The process of executing plans and strategies to achieve organizational objectives, involving the allocation of resources and coordination of staff and departments.
Strategic Assessment
A comprehensive evaluation process of an organization’s strategic position, considering internal and external factors, to inform decision-making and future strategy.
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