One-stop resource for anyone looking to gain a solid understanding of business fundamentals. It combines theoretical knowledge with practical insights, making it a valuable resource for both aspiring and current business professionals.
“Another profitability measure used in companies is the operating profit margin (or operating margin for short). It can provide insights into a company’s operating efficiency and pricing strategy. By dividing the operating income by revenue it measures the proportion of revenue that remains after deducting the costs of operating the business, including costs for labour, raw material, overhead, depreciation, amortisation, selling, advertising, admin, etc.). Because operating income includes only the sales revenue from regular business operations (and not revenues from extraordinary items, taxes, and interest on long-term liabilities), the ratio provides an insight into the profitability of sales generated from regular operations of the business.”
Excerpt From: Bernard Marr. “Key Performance Indicators (KPI): The 75 measures every manager needs to know .”
If you are doing MBA, planning to do one, or recently completed one, this list is for you. It is impossible to learn business during 2 years MBA. One has to keep learning through out his or her career to adapt to ever changing business environment. These books ranging from Strategy to History would help you learn things that are often missed in an MBA course. So go ahead, and read these books, and then some more.
