Ratio analysis | Meaning and Definition

Ratio analysis compares the current records of the company with its past financial status to find out the financial position of the company. It is also beneficial in comparing your financial health with respect to the competitors. 

Activity analysis

Activity analysis is the study of the time spent by each person on their prime activities. The result observed is then compared to an employee survey.

Benefits of Rightsizing

Rightsizing helps a company to lead the path to greater success and:

  •       It increases the overall profit gained.
  •       The restructuring makes the staff arrange their particular tasks to meet their goals.
  •       It prepares the company for its future growth.
  •       It helps in eliminating redundancies encountered during the procedures as well as in the staff.