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Tag: efficiency

  • Business transformation

    Business transformation Business transformation refers to a comprehensive, strategic change in an organization’s processes, structures, technology, and/or culture to improve performance, adapt to market demands, and achieve sustainable growth. It typically involves revisiting business models and operations to boost efficiency, enhance customer satisfaction, drive innovation, or address challenges like digitalization or competition. This transformation may…

  • Vessel 

    Vessel A vessel is a watercraft designed for a variety of purposes, such as transporting goods or people. The efficiency, safety and success of a ship also depend on the importance of a competent, well-trained and harmoniously coordinated crew.

  • Return on Capital Employed 

    Return on Capital Employed  Return on Capital Employed (RoCE) is a financial ratio that evaluates a company’s profitability and efficiency in using its capital. It is calculated by dividing operating profit (earnings before interest and taxes) by capital employed (total assets minus current liabilities).  RoCE shows how well a company generates profits from its capital,…