Examlex
Define nonfinancial performance measures. What are they used for and what are some common examples?
Diseconomies of Scale
The phenomenon where, as a firm or production process increases in size beyond a certain point, the cost per unit increases, leading to reduced efficiency.
Production Volume
The total quantity of products manufactured within a specific period, indicating the level of output.
Economies of Scale
The cost advantage achieved when production becomes efficient, as fixed costs are spread over more units of output.
Advertising Dollars
The amount of funding allocated to promotional activities in order to increase product or service visibility.
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