Responsibilities of ceo

Document Type:Essay

Subject Area:Business

Document 1

There are several ways in which these margins can be improved and changed. There are two margins that should be addressed when trying to find a reputable solution to the problem, the operating profit margin and the gross profit margin. The CFO should check on the margins and improve the velocity at which, they can speed up the cycle of turning around the order to delivery margins by lowering the costs of units produced. Through this they enable an improvement in the profit margins. It is important to take note of the fact that faster cycles mean improvements in the margin.

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