Measuring profitability - F

Question 1

What does interfirm mean?

Answer 1

Interfirm– between different firms, for example, comparing the performance of two different house builders.

Question 2

What does intrafirm mean?

Answer 2

Intrafirm– within the firm, for example, comparing this year’s results with last year’s, or the performance of the York branch with the Leicester branch of a retail store.

Question 3

What does stakeholder mean?

Answer 3

Stakeholder– anyone with an interest in the activities of a business, whether directly or indirectly involved.