Structural Elements of a Business Include

question 67

Multiple Choice

Structural elements of a business include:

• A)policies.
• B)people.
• C)decision rules.
• D)computer systems.

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Definitions:

Metrics

Quantifiable measures used to assess, compare, and track performance or efficiency over time.

Strategic Profit Model

A tool that companies use to examine how changes in business operations affect their overall profitability, focusing on margin and asset utilization.

Asset Turnover

A financial ratio measuring the efficiency of a company in using its assets to generate revenue.

ROI

Return on Investment; a financial metric used to measure the profitability of an investment, calculated by dividing the net profit by the initial cost.