U3, AOS 1 - KK15 - Non-financial indicators Flashcards

1
Q

What are non-financial indicators?

A

Metrics that assess a company’s performance beyond financial statements.

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2
Q

True or False: Non-financial indicators are only qualitative measures.

A

False

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3
Q

Name one example of a non-financial indicator.

A

Customer satisfaction

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4
Q

Fill in the blank: Employee engagement can be considered a __________ indicator of business performance.

A

non-financial

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5
Q

What does the Net Promoter Score (NPS) measure?

A

Customer loyalty and satisfaction

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6
Q

Multiple Choice: Which of the following is NOT a non-financial indicator? A) Employee turnover B) Profit margins C) Brand recognition

A

B) Profit margins

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7
Q

What is the significance of customer retention rates?

A

They indicate customer loyalty and the effectiveness of customer service.

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8
Q

True or False: Non-financial indicators can impact financial performance.

A

True

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9
Q

Explain the relationship between corporate social responsibility (CSR) and non-financial indicators.

A

CSR initiatives often enhance non-financial indicators like brand reputation and customer loyalty.

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10
Q

What role does innovation play as a non-financial indicator?

A

It reflects a company’s ability to adapt and grow in the market.

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11
Q

Multiple Choice: Which of the following is an example of a non-financial performance metric? A) Revenue growth B) Market share C) Inventory turnover

A

B) Market share

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12
Q

True or False: Non-financial indicators are less important than financial indicators.

A

False

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13
Q

What does employee satisfaction typically indicate about a company?

A

It can indicate overall company morale and productivity.

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14
Q

Fill in the blank: The __________ of a product can be evaluated as a non-financial indicator.

A

quality

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15
Q

What is one challenge of using non-financial indicators?

A

They can be subjective and harder to quantify.

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16
Q

Name a non-financial indicator that relates to community engagement.

A

Corporate philanthropy efforts

17
Q

What is the importance of diversity and inclusion metrics as non-financial indicators?

A

They reflect the company’s commitment to creating a supportive workplace environment.