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Companies Are Increasingly Using Nonfinancial Measures to Evaluate Performance

question 38

Essay

Companies are increasingly using nonfinancial measures to evaluate performance. Why? Since these numbers do not come from the company's financial records, why are they used?


Definitions:

Gas Exchange

The biological process through which organisms exchange oxygen and carbon dioxide with their environment.

Capillaries

Microscopic blood vessels in the tissues that permit exchange of materials between cells and blood.

Connective Tissue

Tissue that supports, binds together, or separates other tissues or organs, often containing collagen or other fibers.

Muscle Tissue

A body tissue that contracts to produce movement, including skeletal, smooth, and cardiac muscle types.

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