Identify and State the Historical Significance of the Following

question 8

Short Answer

Identify and state the historical significance of the following:
-constitutional convention

Identify strategies firms can employ to improve their financial ratios.

Evaluate the manipulation of financial ratios and its implications.

Distinguish between various financial metrics and their implications on a firm's financial health.

Comprehend how leverage affects a firm's profitability and risk.

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Definitions:

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish and to measure and align the performance of their resources.

Integrity Management

A framework for ensuring that organizational practices adhere to a set of ethical standards and principles.

Global Reporting Initiative

An international independent organization that helps businesses, governments, and other organizations understand and communicate their impacts on issues such as climate change, human rights, and corruption.

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish, align day-to-day work with strategy, prioritize projects, and measure and monitor progress towards strategic targets.