Examlex
Factor by grouping.
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Nonfinancial Measures
Nonfinancial measures refer to metrics used to assess aspects of a business's performance not directly related to financial outcomes, such as customer satisfaction, employee engagement, or environmental impact.
External Process Perspective
An approach that focuses on the inputs and outputs of processes, emphasizing interactions with external entities.
Balanced Scorecard
A strategic planning and management system used for aligning business activities to the vision and strategy of the organization, improving internal and external communications, and monitoring organizational performance against strategic goals.
Cost of Goods Sold
The direct costs attributed to the production of the goods sold in a company, including both materials and labor.
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