Analysing Non Financial Performance Flashcards
(9 cards)
1
Q
Examples of non financial performance indicators?
A
-Productivity
-Market share
-Environmental influence
2
Q
What is productivity?
A
Output produced in relation to inputs used
Could be output per worker or per machine.
3
Q
Methods of improving Products?
A
- Training
- Motivating employees
- Investment in equipment
4
Q
What is quality?
A
Targets set for number of defects produced by a production process.
5
Q
What is window dressing?
A
Term used to describe techniques used to improve a businesses balance sheet position.
6
Q
Why would a business want to “look successful”?
A
- To please shareholders
- To raise finance
7
Q
Why wouldn’t a business want to look successful?
A
- To reduce risk of hostile takeover.
- To delay paying tax until next financial year.
8
Q
How can a business window dress its account?
A
- Manipulate Sales
- Write off its Debts
- Borrow money for a short time to improve its cash position.
9
Q
A
