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Non-financial performance refers to metrics and indicators that assess an organization's success beyond traditional financial outcomes, such as profits and revenue. This can include areas such as customer satisfaction, employee engagement, environmental sustainability, and social responsibility. These metrics can provide insights into the long-term viability and reputation of a business, influencing its overall performance and strategic direction. By focusing on non-financial aspects, organizations can drive innovation, improve stakeholder relationships, and enhance their brand value.
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What is non-financial investment?
A financial investment would be when a monetary investment is made. A non-financial investments is a non-monetary investment, for example, donating time and energy.
What are non financial institution?
A non bank financial institution is a financial institution that does not have full banking license to supervised any international banking regulatory agency and does not give deposit.
What are non financial resources?
human resource, time,
What is a non-depository intermediary?
A non-depository intermediary is a financial institution that does not take or hold deposits.
What form of business organization does not focus on financial gain?
a non profit organization
What financial and non financial measures are important to the business?
CEO performance
Explain relationship between financial and non-financial performance indicators in achieving corporate governance compliance?
relationship between financial and non-financial performance indicators in achieving corporate governance compliance.
What is balanced in the balanced scorecard approach?
The integration of financial and non-financial performance metrics in employee reviews make the scorecard balance. Before the balanced scorecard, only financial metrics were measured.
Non financial risk?
i assume by non-financial risks, you mean business risks. Business risks refer to the kind of risks that could damage the performance of the business (IE, change of management, decreasing customer base, etc)
What nfei stands for?
NFEI stands for Non-Financial Enterprise Indicator. It is often used in the context of assessing the performance and impact of non-financial aspects of a business, such as social and environmental factors. This can help organizations evaluate sustainability and corporate responsibility beyond traditional financial metrics.
What is Distinguish between financial and non-financial transaction?
Financial transactions involve the exchange of money or monetary value, such as buying goods, paying salaries, or transferring funds. These transactions directly impact a company's financial statements and are measurable in terms of currency. In contrast, non-financial transactions do not involve monetary exchanges; examples include signing a contract, issuing a press release, or completing a project milestone. While non-financial transactions may influence future financial performance, they do not have an immediate impact on financial records.
What do you mean by performance?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
What is the purpose of balanced Scorecard?
The primary purpose of a balanced scorecard is to provide a concise report on organizational performance. Usually, a balanced scorecard involves both financial and non-financial factors.
What is the purpose of a balanced scorecard?
The primary purpose of a balanced scorecard is to provide a concise report on organizational performance. Usually, a balanced scorecard involves both financial and non-financial factors.
Ratio in isolation provide into the financial performance and financial position?
rations in isolation reveal little about financial position and financial performance of business.
What are non financial assets?
non financial assets characteristics
What is the primary purpose of a balanced scorecard?
The primary purpose of a balanced scorecard is to provide a concise report on organizational performance. Usually, a balanced scorecard involves both financial and non-financial factors.
