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Alborosie
2 years ago
7

Based on this module's readings and your own independent research, develop a listing of what you believe are the most important

metrics for operations managers. How does each metric support the overall financial performance of the organization
Business
1 answer:
steposvetlana [31]2 years ago
6 0

Answer:

The definition becomes defined in the clarification section below, as per the particular circumstance.

Explanation:

<u>Meeting customer expectation</u>:

  • This metric of success would reflect just how much the clients are represented. It will represent the quality of the service of the business and will provide them with crucial input. This metric would help the organization address the trouble areas. If the degree of customer loyalty rises, sales will also rise because more and more clients enjoy the company’s products or services.
  • This would also show the pattern of clients as well during the company's measures to handle the issue.

<u>Productivity</u>:

  • This is a significant parameter that indicates how much is expended on activities and whether the business gets in exchange. It extends from financial return with the introduction of new goods from marketing and distribution activities to return on invested capital. Productivity is closely linked to organizational financial efficiency.
  • When productivity rises, profits rise as well. In terms of their historical and present performance, data analytics can help to decide how and why the multiple fields work.

<u>Cash flow</u>:

  • It explains how well the cash flows within and without the organization. If the business later collects reimbursement from consumers but earlier pays its vendors, then it suggests significant operating inefficiency.
  • These efficiencies should be worked out by the organization to minimize operational expenses and preserve favorable cash flow to boost the company's financial well-being.
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Kamila [148]

Answer:

Balance sheet

Explanation:

Balance sheet: In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

It analyzes the financial profitability, position, performance of the business organization

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3 years ago
Cartier corporation currently sells its products for $50 per unit. the company's variable costs are $20 per unit. fixed expenses
charle [14.2K]
The answer is 40%, in which the following are given: the Variable expense is equal to 20 dollars per unit and Sales is equal to 50 dollars per unit. Use the formula Variable Expense Ratio = Variable Expenses / Sales to get the answer. 

Variable Expense Ratio = Variable Expenses / Sales
Variable Expense Ratio = 20 dollars per unit / 50 dollars per unit
Variable Expense Ratio = 40 %

The variable expense ratio is an expression of variable production costs of the company as a percentage of sales, calculated as variable expense divided by total sales. It compares a cost that alters with levels of production to the number of revenues generated by production.
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3 years ago
Shady Lane's income tax payable account decreased from $14 million to $12 million during 2016. If its income tax expense was $80
maria [59]

Answer:

A cash outflow of $82 million.

Explanation:

Because during the year Shady had taxes expenses for $80 million but then Shady cancelled $2 million of the Income Tax Payable account, which decreased from $14 million to $12 million.  

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3 years ago
The main units of local government.​
miskamm [114]

Answer:

There are four main types of local government- counties, municipalities (cities and town), special districts, and school districts. Counties are the largest units of local government, numbering about 8,000 nationwide. They provide many of the same services provided by cities.

Explanation:

4 0
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A firm is thinking about adding a product to its product line. What is the most likely outcome if the firm goes through with thi
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The <u>most likely outcome</u> when a firm is thinking about adding a product to its product line is D. The new product can be advertised alongside existing products

<h3>What is product advertising?</h3>

Product advertising:

  • Is a management effort geared towards creating a demand for a product.
  • Promotes consumer awareness.
  • Fosters consumer interest in the product.
  • Encourages consumers to make purchase decisions quickly as they see the product.

Thus, most likely, adding a product to the product line will help the new product to be advertised alongside existing ones.

Learn more about product advertising at brainly.com/question/1658517

#SPJ1

<h3>Question Completion with Answer Options:</h3>

A. It will be difficult to manufacture the product.

B. The company will have to work hard to build up the brand.

C. The new product is certain to be accepted by the market.

D. The new product can be advertised alongside existing products.

E. It will take a long time for customers to feel loyal to the product.

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