What types of financial performance measures should exist within an organization
Financial Measures:
ROI = (Gain from Investment - Cost of Investment) / Cost of Investment
Residual income = operating income - (cost of capital x operating assets)
EVA = Net Operating Profit After Taxes (NOPAT) - Invested Capital x Weighted Average Cost of Capital (WACC)
SVA = Net Operating Profit After Taxes (NOPAT) - Cost of Capital
Return on Investment ROI) Residual Income (RI) Pure Financial Ecnonomic Value Added EVA) Shareholder Value Added (SVA) Divisional Performance Measures Balanced Scorecard The Performance Pyramid Other Measures Building Block Model The Performance Prism Triple Bottom Line (TBL)
What types of financial performance measures should exist within an organization
42.The three main types of authority that can exist within an organization are ________. a. line authority, staff authority, and formal authority b. staff authority, informal authority, and formal authority c. line authority, staff authority, and functional authority d. line authority, functional authority, and formal authority e. formal authority, informal authority, and functional authority
what are financial and non financial measures based on the performance? give some examples
What criteria would an organization use to establish appropriate financial and non-financial measures?
When evaluating a company’s performance on the time dimension, managers should only consider financial measures. do you agree or disagree
Which measures of performance are most important to your organization? Why? How does your answer to this question compare and contrast with how others might measure your performance? What are the implications of the similarities and differences?
The measures used by an organization to provide reasonable assurance that the organization produces reliable financial reports, complies with applicable laws and regulations, and conducts its operations in an efficient and effective manner are collectively referred to as: Multiple Choice O The internal control structure. Generally accepted accounting principles. ooo Securities and exchange regulations. Financial accounting standards Financial
Consider the 5 types of financial ratios discussed in chapter 4: Performance, Profitability, Efficiency, Leverage, and Liquidity measures. Identify a person or persons who would be interested in each of these ratios (it does not have to be the same person for all 5), and to what use they would put these ratios.
Identify and describe the measures retailers use to assess their financial performance.
What should be the key financial performance indicator used to analyze performance changes in a hospital
1. Why should we measure purchasing performance? 2. What are the key purchasing measures?