In a Strategy Map, a Strategic Objective Where Many Ties

question 160

Multiple Choice

In a strategy map, a strategic objective where many ties spur out from it resulting in the achievement of many strategic objectives is called ________.

• A) distinctive objectives
• B) trigger point
• C) focal points
• D) orphan objectives

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Definitions:

Gross Profit Ratio

A financial metric that shows the proportion of gross profit to sales, indicating the efficiency of production and pricing.

Receivable Turnover

A financial ratio indicating how quickly a company collects on its accounts receivable, calculated as sales divided by the average accounts receivable.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period of time, indicating the efficiency of inventory management.

Return On Assets

Return on assets (ROA) is a financial ratio that indicates the profitability of a company relative to its total assets, measuring how efficiently a company uses its assets to generate profit.