Examlex
When a machine shop decides to have another organization perform the heat-treating operation on its products instead of doing its own heat treating,what does this illustrate?
Net Operating Income
A measure of a company's profitability, calculated by subtracting operating expenses from operating income.
Average Operating Assets
The average value of the assets used in the normal operations of a business over a specific period, typically used in return on investment calculations.
Balanced Scorecard
An integrated set of performance measures that are derived from and support the organization’s strategy.
Strategy
A company’s “game plan ” for attracting customers by distinguishing itself from competitors.
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