Parties or Organizations Other Than Direct Competitors That Have Some

question 120

Short Answer

Parties or organizations other than direct competitors that have some vested interest in how an organization is managed are called ________.

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Definitions:

Profit Margin

A financial ratio that shows what percentage of sales has turned into profits, essentially capturing the level of profitability of a company.

Return on Investment

A measure of the gain or loss generated on an investment relative to the amount of money invested.

Budget Performance

The comparison of actual financial outcomes against the planned or budgeted amounts.

Standard Costs

Predetermined costs assigned to goods and services, used as benchmarks for measuring performance and preparing budgets.