Which of the following relate to measures of non-financial performance of a concern? 1. Customer satisfaction 2. Business process improvement 3. Economic value added 4. Learning organisation Select the correct answer

1, 2 and 4
2, 4 and 3
4, 1 and 3
All of these

The correct answer is D. All of these.

Customer satisfaction is a measure of how happy customers are with a company’s products or services. It is often measured through surveys or interviews. Business process improvement is a way of making a company’s operations more efficient and effective. It can be achieved through a variety of methods, such as process reengineering or lean manufacturing. Economic value added (EVA) is a measure of a company’s profitability that takes into account both its operating profit and its capital costs. A learning organization is a company that is constantly learning and improving. It does this by encouraging employees to share knowledge and by creating a culture of continuous improvement.

All of these measures are important for understanding a company’s overall performance. Customer satisfaction is important because it indicates how well a company is meeting the needs of its customers. Business process improvement is important because it can lead to increased efficiency and effectiveness. EVA is important because it provides a measure of a company’s profitability. And a learning organization is important because it can help a company to stay ahead of the competition.

In addition to these four measures, there are many other non-financial performance measures that can be used to assess a company’s performance. Some of these include employee satisfaction, innovation, social responsibility, and environmental sustainability. These measures can provide valuable insights into a company’s overall health and well-being.

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