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4E model: economy efficiency effectivenes ethics measures preformance in feedback loop of Transformation model: inputs into outputs, Core theories include Contingency, Core theories include Stakeholders, Core theories include Environment, Generic concept - in book Customized for concrete case with organisation Apply it (give diagram, keep refer to diagram), Exam sample question discuss contextual and envirnomental factors effect on group working. using examples from work/course case study - analyse how these factors could affect group of performance, Exam sample question 25 Mark Describe main financial ratios to monitor profitability and liquidity (ROCE, gross and net profit margin, current/fast liquidity ratious) - formula with, Exam sample question How financial ratios could be used by managers (5 ratios + shareholders/gearing/profitability/ activity(stock turnover) ratios ) comparing the trands with the past benchmarking with simular organisation