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What measures the overall effectiveness of management in generating profits with its available assets?
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∙ 12y ago
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Wiki User
∙ 12y ago
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What is asset turnover?
Asset Turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating revenue or income for the company. A higher asset turnover ratio implies that the company is operating efficiently and is able to generate solid revenue income using the assets at their disposal.Formula:Asset Turnover = Sales / Average Total Assets
What is Creditors Collection Period?
The creditors' payment period is an activity ratio. It measures the average amount of days the business takes to pay its creditors i.e. suppliers. The more days available to pay the better.
What is the Role of accounts in an organization?
Vital! The accounts are an essential element of the management information system. They tell management, in financial terms, what the company/organisation has done, but, more importantly, the accounts provide a basis for decision making. Although organisations are dependent on external factors for survival, careful management of resources (by means of accountinng information) can help to mitigate losses, but also must be used facilitate the identification and exploitation of opportunities. The accounts can provide various measures of efficiency and effectiveness, from identifying co-relationships between marketing activity and sales, to staff and asset performance. Good accounting can be used in a predictive way, and as a basis for rewarding those within the company/organisation who contributed to past success. Accounts can be an incentive to better business. Good budgeting therefore plays a part, all part of a good accounting system. The essence of good accounts includes accuracy, timeliness and clarity and simplicity of format, so that all users can make informed decisions.
What does controllable profit mean?
Controllable profit measures managerial performance Divisional profit measures divisional performance.
How many types of quality report as to maintain in BPO?
Generally you need three: Speed of service Cost of service Quality of service (error rate, for example) People can look good at any 2 of these measures by sacrificing the third. It requires good management to pass all three teses.
What has the author Charles M Abrams written?
Charles M. Abrams has written: 'Measures of effectiveness for multimodal urban traffic management' -- subject(s): Management, Urban transportation, Traffic engineering
Operational Measures of Effectiveness (MOE) and Measures of Suitability (MOS) are formally documented in the?
TEMP
The assets turnover ratio measures?
Asset turnover measures a firm's efficiency at using its assets in generating sales or revenue - the higher the number the better.
Which organization evaluates measures of effectiveness to determine how well a munitions system can perform its mission?
JITC
The katch test and the wingate test measures what aspect of energy -generating capacity?
peak power and anaerobic capacity
Which one of the following organizations would evaluate measures of effectiveness (MOEs) to determine how well a munitions?
MCOTEA
Which organizations would evaluate measures of effectiveness to determine how well a munitions system can perform its mission?
JITC
What has the author Lorraine Guerra Spranzo written?
Lorraine Guerra Spranzo has written: 'EFFECTS OF COMPUTERIZED NURSE CAREPLANNING ON SELECTED HEALTH CARE EFFECTIVENESS MEASURES (CAREPLANNING)' -- subject(s): Health Care Management Health Sciences, Health Sciences, Health Care Management, Health Sciences, Nursing, Nursing Health Sciences
What do operational testers evaluate to determine the degree to which a system is usable in its intended environment eg reliable supportable maintainable transportable?
Measures of Effectiveness (MOE) Measures of Effectiveness {MOEs) used to determine the degree to which the system performs its mission. ================================================== Measures of Suitability (MOSs) used to determine the degree to which the system is usable in the intended environment. Measures of suitability take into account such logistics-related concerns as reliability, supportability, maintainability, transportability, and Test I safety. ================================================== Measures of Suitability (MOS) is what is used.
What would operational testers use to determine whether a system meets operational performance parameters?
Measures of Effectiveness (MOEs)
For the sixth step Supervise and Review TRACS helps you monitor the effectiveness of the risk control measures you put in place?
true
How service improvements might be limited by legislation?
Legislation may require some health and safety measures be taken as improvements are being implemented. These measures could limit the effectiveness of the service improvements.
