Capitulo 4 Flashcards

1
Q

Net profit margin

A

Measures the proportion of each sales dollar that is kept as profit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The balanced scorecard (BSC)

A

Strategic planning and performance management system used extensively in industry, government, and nonprofit organizations.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

The Strategic Profit Model (SPM)

A

Provides the framework for conducting ROA analysis by incorporating revenues and expenses to generate net profit margin, as well as an inclusion of assets to measure asset turnover

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Financial ratios

A

Indicators used in finance to measure or quantify the economic and financial reality of a company or unit evaluated

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Logistics Activity Measures

A

Performance measures are critical for effectively managing logistics activities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Transportation Measures

A

The major transportation measures focus on such things as labor, cost, equipment, energy, and transit time

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Warehousing Measures

A

They identify design and operations options that provide benefits in terms of increased speed or reduced costs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Balanced scorecard (BSC) four distinct perspectives

A

customers
internal business processes
learning and growth
financial results.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly