BUAD 331 Module 3 | Study Guide, Practice Questions & Business
Administration Review
Financial performance metrics are important because they capture the
_________________________________________________. - ANS ✔✔economic consequences
of business decisions
What is revenue? - ANS ✔✔products and services sold to customers during a period of time
What are costs? - ANS ✔✔expenses incurred to generate revenue
What are assets? - ANS ✔✔cash and investment accounts
What is the value proposition framework? - ANS ✔✔inter-relationships between revenue-
generation, total cost management, and asset utilization
What is ROA? - ANS ✔✔measurement of company's ability to turn assets into profits
What is the formula for ROA? - ANS ✔✔net income/assets
What is the profit margin? - ANS ✔✔how well firm controls cost
What is asset turnover? - ANS ✔✔how productive assets are at generating revenue
What is profitability? - ANS ✔✔revenue - cost
What is the priority of supply chain organization? - ANS ✔✔improving service quality
Administration Review
Financial performance metrics are important because they capture the
_________________________________________________. - ANS ✔✔economic consequences
of business decisions
What is revenue? - ANS ✔✔products and services sold to customers during a period of time
What are costs? - ANS ✔✔expenses incurred to generate revenue
What are assets? - ANS ✔✔cash and investment accounts
What is the value proposition framework? - ANS ✔✔inter-relationships between revenue-
generation, total cost management, and asset utilization
What is ROA? - ANS ✔✔measurement of company's ability to turn assets into profits
What is the formula for ROA? - ANS ✔✔net income/assets
What is the profit margin? - ANS ✔✔how well firm controls cost
What is asset turnover? - ANS ✔✔how productive assets are at generating revenue
What is profitability? - ANS ✔✔revenue - cost
What is the priority of supply chain organization? - ANS ✔✔improving service quality
