Objectives of Inter Firm Comparison

Objectives of inter-firm comparison

The objectives of inter-firm comparison are as follow. The objectives are inter-linked with each other.

 

1. Each member-unit can try to enhance its efficiency while on comparison with other member-firms it comes to make out about its weak points.

 

2. The weaknesses or in economies are located and economy might be influensed by eliminating them.

 

3. The adequacy of profits might be computed and action can be taken to show profitability position.

 

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