Efforts to Improve Company’s Profitability

Sutjiati, Rosemarie (2015) Efforts to Improve Company’s Profitability. In: 12th International Annual Symposium on Management: Sustainability as a Strategic Business Orientation in Global Economy Recovery Phase, 14-15 Maret 2015, Makassar.

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Abstract

Basically a company is a form of business entity that created in order to give benefit to the owner. In this matter it is important for a company to remain profitable and to improve its profitability in order to deliver its function. Every managers and decision makers in various companies throughout the history might have various methods and strategy to maintain and improve profitability. This paper tries to examine the various methods that can be used to improve company profitability. Improvement in sales and reduction in cost will be examined and any obstacle that hinders profitability and even worse can cause the company to a bankruptcy is examined. This research use qualitative approach through various theoretical studies. There are success and failure of companies throughout the history in the attempt to improve profitability. This paper tries to examine and findout how a company can be improving its profitability and how a company can be failed. The result shows that there are various methods and ways to improve profitability and must be linked to the characteristics of business, product made, environment and time. Company must also be ready to adapt and change from time to time because there are no single method can be used for eternity.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Profit, profitability, improvement, company, change
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Depositing User: Perpustakaan Maranatha
Date Deposited: 14 Apr 2015 05:35
Last Modified: 14 Jul 2015 02:00
URI: http://repository.maranatha.edu/id/eprint/11780

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