Examlex
A medical term that means pertaining to nerves is ________.
Non-Value-Added Time
Time spent in production that does not directly add value to the product or service, often targeted for reduction in process improvement initiatives.
Balanced Scorecard
A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.
Return on Investment (ROI)
An evaluation metric that assesses the effectiveness or financial gain of an investment by dividing the net earnings by the initial investment cost.
Residual Income
The net operating income that an investment center earns above the minimum required return on its operating assets.
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