Analysing Non-Financial Performance in Business

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66 Terms

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Non-Financial Measures

Metrics assessing performance beyond financial results.

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Customer Attitude Surveys

Feedback collection on customer perceptions and satisfaction.

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Employee Attitude Surveys

Assessment of worker satisfaction and engagement levels.

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Market Share

Percentage of total sales in a market held by a business.

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Productivity

Efficiency of production measured by output per input.

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Environmental Record

Assessment of a business's impact on the environment.

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Qualitative Data

Non-numeric information describing qualities or characteristics.

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Quantitative Data

Numeric information used for statistical analysis.

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Capacity Utilisation

Percentage of total production capacity being used.

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Labour Productivity

Output produced per worker over a specific time.

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Unit Costs

Cost incurred to produce one unit of a product.

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Quality (Faulty Goods)

Percentage of products that fail to meet quality standards.

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Stakeholders

Individuals or groups affected by business decisions.

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Economies of Scale

Cost advantages gained by increasing production.

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Employee Motivation

Level of enthusiasm and commitment among employees.

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Customer Service Improvement

Enhancements made to better serve customers' needs.

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Brand Perception

Public opinion regarding a company's brand image.

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Repeat Purchase Likelihood

Probability of customers buying again from a business.

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Waste Disposal Regulations

Laws governing the proper disposal of waste materials.

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Greenhouse Gas Emissions

Release of gases contributing to global warming.

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E-Waste Growth

Increase in discarded electronic devices and components.

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Performance Evaluation

Assessment of a business's effectiveness in achieving goals.

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Non-Financial Measures

Indicators not based on financial data.

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Customer Attitude Surveys

Assess customer satisfaction and loyalty levels.

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Employee Attitude Surveys

Evaluate employee satisfaction and engagement.

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Market Share

Firm's sales relative to total market sales.

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Productivity

Output produced per input used over time.

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Environmental Impact

Assessment of a firm's ecological footprint.

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Window Dressing

Techniques to enhance apparent financial position.

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Sales Manipulation

Timing of sales recording affects financial results.

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Depreciation

Asset value reduction over specified time periods.

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Appreciation

Increase in asset value over time.

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Sales Targets

Goals set for sales performance over time.

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Quality

Standard of products or services provided.

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Customer Satisfaction

Measure of how products meet customer expectations.

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Bad Debts

Accounts receivable deemed uncollectible by a firm.

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Leaseback

Selling an asset and leasing it back.

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Labour Productivity

Output per worker in a given time frame.

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Financial Year

12-month period for financial reporting.

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Short-Term Borrowing

Temporary loans to improve cash position.

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Hostile Takeover

Acquisition attempt against the wishes of management.

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Shareholder Expectations

Desire for high profits and share prices.

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Merger Likelihood

Probability of combining with another firm.

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Investment in Technology

Funding for advanced tools to enhance productivity.

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Market Share

Percentage of total sales in a market.

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Environmental Impact

Effect of business activities on the environment.

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Customer Satisfaction

Degree to which customer needs are met.

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Quality Standards

Benchmarks for product/service quality compliance.

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Productivity

Efficiency of production measured by output.

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Defect Rate

Percentage of defective products produced.

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Environmental Policies

Guidelines to reduce pollution and waste.

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Motivating Employees

Encouraging staff to achieve business goals.

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Performance Assessment

Evaluation of business success against targets.

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Customer Service

Support provided to enhance customer experience.

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Renewable Energy Sources

Sustainable energy options for business operations.

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Quality Improvement

Efforts to enhance product/service standards.

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Environmental Audits

Assessments of a firm's environmental practices.

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Brownfield Sites

Previously developed land for new projects.

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Greenfield Sites

Undeveloped land for new construction.

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ISO 9000

International standard for quality management systems.

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Investors in People

Standard for improving workforce performance.

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Customer Loyalty

Repeat business from satisfied customers.

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Pollution Reduction Target

Goal to decrease environmental pollutants by a percentage.

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Complaint Rate

Frequency of customer complaints received.

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Market Orientation

Business focus on meeting customer needs.

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Performance Metrics

Quantitative measures to evaluate business success.