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Vfm

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Vfm

Viewing 2 posts - 1 through 2 (of 2 total)
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  • June 6, 2017 at 11:35 am #390837
    irenegsy
    Member
    • Topics: 26
    • Replies: 10
    • ☆

    One of the element is vfm is efficiency..is this the higher the ratio the more efficient a?

    Usually critise in que what we ned to discuss?

    Swot analysis what we need to know?

    Thanks

    June 6, 2017 at 3:34 pm #390909
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    If efficiency is something like production per employee, then high is good. If it is measured as something like hours needed per unit made then high is poor.

    Criticise shortcomings, problems

    SWOT is covered in our notes and lectures.

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