Goals, Values, and Performance
11 important questions on Goals, Values, and Performance
What is used within management terminology, to refer to two verry different concepts? Where one is ethical and the other economic.
How do you call the value that a consumer receives from a good or service minus the price that he or she paid?
How do you call the surplus of revenues over costs available for distribution to the owners of the firm?
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How do you call a measure of economic profit, which is the excess of net operating profit after tax over the cost of the capital used in the business?
How do you call a tool for linking strategic goals to performance indicators?
How do you call something that identifies and values possibilities for investment in uncertain opportunities?
How do you call the social responsibilities of a business organization?
What are the two types of value maximizations a firm can use?
- Stakeholder value maximization
- Shareholder value maximization
What are the two types of appraising performance?
- Forward-looking performance measures: Stock Market Value
- Backward-Looking Performance Measures: Accounting Ratios
What are the three main approaches to setting performance targets?
- Financial Disaggregation
- Balanced Scorecards
- Strategic Profit Drivers
Which three options might be included for growth strategies?
- Platform investments
- Strategic alliances and joint ventures
- Organizational capabilities
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