A business gathers information regarding the population size of a specific area. Which of the following best describes the information collected?

business performance measures SBE

Quiz
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Social Studies
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Professional Development
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Medium
kavita sharma
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32 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Marketing data
Market data
Financial data
Financial information
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is not a key aspect of evaluating business performance?
Financial analysis
Market analysis
Risk management
Customer satisfaction
Employee morale
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The primary goal of evaluating business performance is to:
Identify areas for improvement
Make informed decisions
Ensure long-term sustainability
All of the above
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Financial analysis can be used to evaluate a company's:
Liquidity
Profitability
Efficiency
Solvency
All of the above
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Evaluating business performance is important for businesses because it:
Provides insights into a company's strengths, weaknesses, opportunities, and threats
Helps businesses make informed decisions and prioritize areas for improvement
Enhances financial performance and profitability
Enables efficient allocation of resources and strategic decision-making
Helps attract investors and secure external funding
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The Balanced Scorecard is a framework that measures a company's performance across various dimensions, including financial, customer, internal processes, and learning and growth.
True
False
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Benchmarking compares a company's performance to that of its peers or industry standards.
True
False
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