Difference between revisions of "Losing your money"

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• Reduction in benefits for the individual.
 
• Reduction in benefits for the individual.
 
• Reduction in headcount for the company.
 
• Reduction in headcount for the company.
• A company's expenses exceed its revenues.  
+
• A company's expenses will exceed its revenues.  
  
  
 
'''Example:'''  
 
'''Example:'''  
 
A company's expenses exceed its revenues.  The business looks at ways to reduce costs.  Employee benefits are re-examined and modified to support reducing company cost thus reducing its yearly expenses.
 
A company's expenses exceed its revenues.  The business looks at ways to reduce costs.  Employee benefits are re-examined and modified to support reducing company cost thus reducing its yearly expenses.

Revision as of 10:38, 20 June 2008

Description: Any company as a whole is made up of individuals. If the company experiences a revenue reduction, this translates down to a reduction in benefits for the employees and possibly even to a reduction of the number of its employees.


Risk Factors: • The financial report is impacted when an application or network service level agreement is not met. • Reduction in benefits for the individual. • Reduction in headcount for the company. • A company's expenses will exceed its revenues.


Example: A company's expenses exceed its revenues. The business looks at ways to reduce costs. Employee benefits are re-examined and modified to support reducing company cost thus reducing its yearly expenses.