Overall Performance

Cards (5)

  • What are some examples of non-financial performance data?
    • Absenteeism
    • Job satisfaction
    • Accreditations
    • Lead time
    • Market share
    • Goods and returns (customer reviews)
  • What are other relevant non-financial measures for a business?
    • Environmental performance
    • Compliance regulation
    • Health and safety record
    • Social media reach
  • What is a core competence?
    It is something unique that a business has or can do strategically well.
  • How does competitive advantage differ from core competence?
    Competitive advantage is the overall advantage in the marketplace, while core competence refers to specific abilities contributing to that advantage.
  • What are the core building blocks of competitive advantage?
    • Core competencies
    • Unique abilities
    • Areas of expertise