Asset turnover in an organization is an example of internal company metrics

Indicate whether the statement is true or false

TRUE

Business

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A low-cost provider's basis for competitive advantage is:

a. using an everyday low pricing strategy to gain the biggest market share. b. larger profit margins than rival firms'. c. high buyer switching costs because of the company's differentiated product offering. d. meaningfully lower costs than competitors' but not necessarily the absolutely lowest cost/price. e. a reputation for charging the lowest prices in the industry.

Business

All of the following are key factors reviewed when assessing an organization's cost base, EXCEPT:

A. What are the overall cost estimates? B. What is the relationship (to revenue) of product costs and operating expenses? C. What costs are anticipated to be reoccurring versus those felt to be non-reoccurring? D. What type of built-in expense creep do we anticipate within these cost areas? E. Will market volatility, such as commodities, impact our expense lines? If so, by how much?

Business