Every company decisions are based on numbers be it problem solving or understanding problem and also looking for opportunity or understanding the scope of opportunity everything decision is based on numbers which makes it easier for both the CEO or Top Management in taking decisions.
Be it merger or acquisition and understanding the benefit what the M&A comes with is again validated on numbers, in case of merger the number play vital role to understand with merger how it is going to benefit the existing company and how much market share will it bring in and the same way it helps in understanding the cost of merger and time taken to recover it hence numbers play vital role.
The same with acquisition this segment helps a company which cash rich wants to acquire business it can get all the clarity based on numbers to understand the value at which it should acquire along with this helps cash rich company should It look into acquisition in the same business or should it look at expanding into different markets all these details can be answered only by numbers.
Any expansion plan by the company the CEO and Top Management should look into the financial feasibility of the expansion plan that is being looked at to understand the feasibility of the expansion.
This is better explained with Financial feasibility which will be done only on number crunching which will give clarity of every work of every department or individual heading it as what he has to achieve and what should be the targets that are being set.
In a company everything runs on numbers be it salary, loss or profit hence all the departments from sales to marketing to production to distribution all depend on numbers that they need to achieve as department and the numbers linking all departments to overall achievement of the company.
Hence be it small or big every company CEO needs to understand business on numbers, as numbers are universal language.