Purchase Solution

Areas covered by non-financial measures

Not what you're looking for?

Ask Custom Question

Aside to the financial measures, Managers use non-financial measures to measure performance. As Atrill and McLaney claim "Non-financial measures can help managers to cope with an uncertain environment..."

Why?
What are the areas covered by non-financial measures?

Purchase this Solution
Solution Summary

Solution discusses the areas covered by non-financial measures

Solution Preview

Aside to the financial measures, Managers use non-financial measures to measure performance. As Atrill and McLaney claim "Non-financial measures can help managers to cope with an uncertain environment..."

Why?
Non financial measures will help managers in controlling, evaluating the management action more effectively. Non financial measures help in knowing the causes ...

Purchase this Solution
Free BrainMass Quizzes
Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

View More Free Quizzes
Related BrainMass Solutions

  • financial measures as opposed to nonfinancial measures

    However, non financial measures also help in evaluating certain areas that are not covered by financial measures.

  • Risk Assessment Scope, Areas Of Assessment, Methodology

    The Vulnerability Assessment is required by all businesses and it assign a score of : Low Risk that meets applicable minimum security criteria.

  • Non-financial managerial accounting

    When it comes to non-financial measures, numbers people may get a little uncomfortable-for the most part, they like absolutes, not gray areas.

  • Balanced Scorecard Case Study

    In addition to balancing financial measures with Non-financial measures, Futura takes it a step further and provides a more balanced structure for the measures within the non-financial measure of learning, innovation and growth.

  • Non-fictional measures to achieve a firm's strategic objectives

    These are the so-called non- financial measures.

  • EVA as a superior measure of performance

    Non financial measures The Balanced Scorecard is an approach to performance measurement that combines traditional financial measures with non-financial measures.

  • metrics problem

    The Balanced Scorecard approach includes both financial and non-financial metrics, as well as lagging and leading measures across the four areas or perspectives: Financial, Customer, Internal Processes, and Employee Learning and Growth.

  • Non-financial ethical compliance measures

    372197 Non-financial ethical compliance measures Although much of the regulatory focus of corporate ethics and compliance is driven by financial measures, the integrity of an organization also has to focus on non-financial areas of performance.

  • Finance: Importance of economics and accounting

    In short, you cannot function as a financial expert without an understand of these two areas. Your tutorial is 296 words and explains how these two areas are critical to financial expertise and why.

View More Related Solutions