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| FIT ia a MS Windows based management support tool aimed at decisions of strategic and
operational nature. FIT is based on financial data in any case must be known to
successfully manage a business. |
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| FIT is a software decision support tool based on modern business concept. It presents well
known 23 indicators for the analysis, such as added value, investment, marketing,
sales per employee and others. |
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The object to analyse may well be a whole business, but much more insight is gained by looking
at the strategic business units (SBU) that make up the whole business, separately. |
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An SBU consists of a well-defined set of offerings (products) aimed at a market segment that is
actively served by the SBU and for which competetion is known. |
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It is a user friendly, simple in application and self-teaching software. Through viewing and
manipulating the data in the sample database provided in the software, one is able to learn more
about the software itself as well as about its benefits. |
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FIT will help to review the position of the company as well as the trend over time through
comparison of several years (at least 3 years, preferably 5 or more), based on actual results. |
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A siple structured balance sheet as well as a profit and loss statement income statement serve
as input. In addition, the number of employees must be given. From this, a selection of important
indicators are calculated and their evolution over time is displayed. The indicators serve to
strategically position the business and to point to potential operational problem areas. |
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In few cases only is it possible to give values for which certain indicators are “good” or “bad”,
independent from the type of business we look at or the context. Therefore, FIT should
be introduced and explained by an experienced consultant. |
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