How do financial ratios indicate the financial health of a business?
Financial ratios are set of specific formulae to depict the impact of one factor given the other factor in relation to each other and the business. This helps to ascertain a particular aspect of the business keeping in view the base factor.
What is the best way of managing others?
The best way of managing people is to let them do everything on their own with little interference. They should be provided only a direction and they should feel that the direction also came from themselves and no one else provided it to them.
What is the core motive behind a business?
Business definitely is done to make money but great businesses are not established with this motive in mind. A business will be great only if it has the motive of providing service to others.