Financial Statement Analysis Objective
•To provide Total Quality Production Financial Statement Analysis involves gaining an understanding of an organizations financial situation by reviewing its Financial Statements. It helps to create trend lines for key items in Financial Statements over multiple time periods to see how the company is performing and to provide the total quality production.
•To have the spirit of family and fun and customer-focus As the customer rules, if the entire team doesn't excel in every aspect of the customer experience, customer will take their buying power elsewhere that is why customer focused is essential . The Financial Statement Analysis assess judgment in management past performance and possible indicators of future performance by means of having the spirit of family and fun and customer focused of Jollibee Food Corporation.
•To ensure that the program is strategic and sustainable Financial Statement Analysis shows the current standing of the firm’s profitability, revenues and liability. It gives certain information on how to strategize and how to sustain the company's wealth. •To sustain Excellence and Teamwork Financial Statement Analysis is important tool in predicting profit. Excellence and Teamwork are great indicator and factor of company's productablility , efficiency and effectiveness . Establishing service excellence teams can improve teamwork, communication and employee morale in order to sustain excellence and teamwork that will result in high profit.
•To serve great tasting food, bringing the joy of eating to everyone Since Financial Statement Analysis helps of given opportunity is usually long run in nature, it can also help the firm in establishing marketing plan where Jollibee food corporation used the marketing strategy of serving great tasting food and bringing the joy of eating to everyone in order to attract customer for a higher profit .