Performance%20Module%20Self%20Test

Performance%20Module%20Self%20Test - Performance Analysis...

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Performance Analysis Self Test The following is designed to test your knowledge of performance assessment, especially related to financial performance. You are encouraged to take the test and try to figure out the answers on your own as a means of preparing for the performance analysis test that will be given in class. If you can answer (and really understand!) these questions, you should be well on your way to being able to do well on the in-class test. NOTE: Answers to these questions will be provided in a separate section. To learn, remember that you need to try to figure out these questions on your own first. Simply memorizing the answers to the questions will not serve you well, since these exact questions will not show up on the test. 1. In assessing performance, the general manager must be concerned with both organizational health and operating performance. If operating performance is neutral but health is positive: a. it is not okay because the neutral operating performance will soon lead to decreased health b. it is not okay because owners always want to see growing profitability c. it is okay because operating performance and organizational health are only weakly correlated over time d. it is okay if the owners are willing to emphasize health over profits 2. Ratio analysis is a technique that allows managers to, a. compare their business to other businesses in the industry b. compare current results with predicted results c. compare their firm’s performance to some previously selected benchmark d. all the above 3. Which of the following is true? a.
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This note was uploaded on 10/12/2011 for the course ECON 101 taught by Professor Mikson during the Spring '08 term at Aarhus Universitet.

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Performance%20Module%20Self%20Test - Performance Analysis...

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