{"id":43109,"date":"2024-04-15T21:24:47","date_gmt":"2024-04-15T21:24:47","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=43109"},"modified":"2024-04-15T21:24:47","modified_gmt":"2024-04-15T21:24:47","slug":"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-th","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/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-th\/","title":{"rendered":"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"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;1, 2 and 4&#8243; option2=&#8221;2, 4 and 3&#8243; option3=&#8221;4, 1 and 3&#8243; option4=&#8221;All of these&#8221; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is D. All of these.<\/p>\n<p>Customer satisfaction is a measure of how happy customers are with a company&#8217;s products or services. It is often measured through surveys or interviews. Business process improvement is a way of making a company&#8217;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&#8217;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.<\/p>\n<p>All of these measures are important for understanding a company&#8217;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&#8217;s profitability. And a learning organization is important because it can help a company to stay ahead of the competition.<\/p>\n<p>In addition to these four measures, there are many other non-financial performance measures that can be used to assess a company&#8217;s performance. Some of these include employee satisfaction, innovation, social responsibility, and environmental sustainability. These measures can provide valuable insights into a company&#8217;s overall health and well-being.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;1, 2 and 4&#8243; option2=&#8221;2, 4 and 3&#8243; option3=&#8221;4, 1 and 3&#8243; option4=&#8221;All of these&#8221; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-43109","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>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. 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