Most MBAs from quality business schools would demand appropriate qualifications AND a level of practical experience before even considering an application. The MBAs that we see offered today are pale imitations of those originally offered by Harvard, London and Manchester Business Schools. I can assure you that an undergraduate would not have survived them. No matter how intense your programme I can assure you that in 1 year you really did not scratch the surface. After 40 years of practicing and academic teaching and study, I am now able to realise that across the breadth of the study of management (leaving aside specialisms) I still know precious little and understand even less - despite qualifications that would blow your socks off.
In companies in Trafford it is possible to be a profitable company..if you make losses. Manchester United are profitable...yet they made £109 million losses.
I asked a question. How can a company be profitable if it makes losses. Only if you are an uneducated Man United fan it can.
When I completed my business degree,I learnt one major fact.If a company issues a profit...in its financial year...it has been profitable and is in the black.If it has made a loss,it has not been profitable and thus in the red.However a company that made a loss cannot in any shape or form for that financial year be called profitable...as it made a loss.
Where was your business degree 'early years'. As that 'major fact' is wrong. A company can indeed make a loss in a financial year but still be in the black.
A company can issue a loss and be profitable. Notice the key words...''Profit'' and ''Loss''. Companies sometimes issue losses to prevent themselves from paying tax..as you can't pay tax on a loss.Only a profit.
I didn't mention profits in the red in accounting terms means you are solvent, ie not got a negative balance sheet. So yes you can make a loss and still have a positive balance sheet - ie not in the red.
Tough one though. I went out with a girl not long ago who was pretty damn stupid - but academically realy clever. KPR where did you get your degree? When? What was the course/code and degree type? Should be off the top of your head.
True, some very intelligent people (academically) have zero common sense but KPR just seems like a complete imbecile.