Which of the Following Is Not an Advantage of Non-Financial

question 36

Multiple Choice

Which of the following is not an advantage of non-financial performance measures?

• A)Non-financial performance measures can easily be benchmarked.
• B)There is no proven cause and effect link between non-financial measures and economic success.
• C)Non-financial performance measures are more likely to lead to longer-term performance gains,as they tend to be linked more readily to the organisation's goals.
• D)Non-financial performance measures can identify problems in a more timely fashion.

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Definitions:

Licensing

A business arrangement where one company gives another company permission to manufacture its product for a specified payment.

International Market

Refers to the economic activities and exchanges that involve the trade of goods, services, technology, and capital across national borders.

Situation Analysis

An evaluation of an organization's current state, including its internal conditions and external environment, to identify strengths, weaknesses, opportunities, and threats.

SWOT Analysis

A strategic planning tool that helps organizations identify their Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.