Financial Management and Performance Measurement

To allocate resources for marketing

To evaluate employee performance

To set goals for the next quarter

To examine various financial aspects of a business to see how well it is utilizing its assets (correct)

Outcome measure (correct)

Quality measure

Output measure

Process measure

To reduce employee salaries

To allocate resources for unnecessary expenses

To ignore financial risks

To track progress toward goals and identify areas of weakness and improvement (correct)

<p>Financial risk</p> Signup and view all the answers

<p>To compare business performance with industry benchmarks</p> Signup and view all the answers