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scope divergence
the situation where ratings are based on different sets of attributes
measurement divergence
a situation where rating agencies take different views on the relative importance of attributes
weights divergence
emerges when rating agencies take different views on the relative importance of attributes
ROA
net profits/average total assets
ROE
net income/shareholder’s equity
4 P’s of Marketing
Product
Place
Price
Promotion
Product
designing a product to meet consumers needs
features, quality, branding, packaging, guarantees
Place
getting the product to the right place
sales channels, locations, inventory, transport
Price
setting an appropriate price
price strategy, pricing, allowances, payment terms
Promotion
developing an effective promotional strategy
advertising, promotional channels, PR
financial materiality
how likely a topic will affect finance, performance, or risk of a company
impact and stakeholders materiality
measures impact on economy, environment, and people