U3, AOS 1 - KK15 - Non-financial indicators Flashcards
What are non-financial indicators?
Metrics that assess a company’s performance beyond financial statements.
True or False: Non-financial indicators are only qualitative measures.
False
Name one example of a non-financial indicator.
Customer satisfaction
Fill in the blank: Employee engagement can be considered a __________ indicator of business performance.
non-financial
What does the Net Promoter Score (NPS) measure?
Customer loyalty and satisfaction
Multiple Choice: Which of the following is NOT a non-financial indicator? A) Employee turnover B) Profit margins C) Brand recognition
B) Profit margins
What is the significance of customer retention rates?
They indicate customer loyalty and the effectiveness of customer service.
True or False: Non-financial indicators can impact financial performance.
True
Explain the relationship between corporate social responsibility (CSR) and non-financial indicators.
CSR initiatives often enhance non-financial indicators like brand reputation and customer loyalty.
What role does innovation play as a non-financial indicator?
It reflects a company’s ability to adapt and grow in the market.
Multiple Choice: Which of the following is an example of a non-financial performance metric? A) Revenue growth B) Market share C) Inventory turnover
B) Market share
True or False: Non-financial indicators are less important than financial indicators.
False
What does employee satisfaction typically indicate about a company?
It can indicate overall company morale and productivity.
Fill in the blank: The __________ of a product can be evaluated as a non-financial indicator.
quality
What is one challenge of using non-financial indicators?
They can be subjective and harder to quantify.
Name a non-financial indicator that relates to community engagement.
Corporate philanthropy efforts
What is the importance of diversity and inclusion metrics as non-financial indicators?
They reflect the company’s commitment to creating a supportive workplace environment.