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Performance management

This class was created by Brainscape user Carina Gardiner. Visit their profile to learn more about the creator.

By: Carina Gardiner
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Decks in this class (17)

Break even
What is the formula for break eve...,
What are the 2 formulas for break...,
What is the margin of safety form...
16  cards
Pricing
What kind of product can you use ...,
What is penetration pricing,
What is price skimming
9  cards
Short term decisions
What 3 things must relevant costs,
4 costs that are not relevant,
What is a sunk cost
6  cards
Expected value
4 limitations of expected value,
What is the formula for ev,
Whats the maximin decision rule
11  cards
Chapter 1-2
Whats an information system,
What are the 3 benefits of an inf...,
What are the 3 types of internal ...
25  cards
Activity based costing/ target costing/ lifecycle costing
Definition of abc,
What is a cost driver,
What is target costing
13  cards
Throughput costing
What is the theory of constraints,
What is throughput contribution,
What is bottleneck resource or bi...
11  cards
Cost volume profit analysis
Definition of break even point,
Formula for break even point,
Formula for contribution sales ratio
11  cards
Limiting factor analysis
What is a shadow price,
When can contribution per unit of...,
Definition of slack
4  cards
Pricing decisions
7 factors that influence pricing,
What is ped,
Defintion of price elasticity of ...
4  cards
Risk and uncertainty
Definition of risk seeker,
Definition of risk neutral,
Definition of risk averse
8  cards
Budgetary systems
What is single loop feedback,
What is double loop feedback,
3 features of strategic performan...
15  cards
Quantitative analysis in budgeting
Whats the learning curve theory,
4 types of standards,
What is the impact on behaviour d...
8  cards
Performance analysis
3 problems that can arise from us...,
What kind of standards can cause ...,
Why might you have 2 budgets
17  cards
Performance Measurement
Two types of performance measurement,
3 areas for analysis,
4 types of company performance as...
19  cards
Divisional performance and transfer pricing
Advantages of decentralisation,
Disadvantages of decentralisation,
What is the formula for roi
11  cards
Incorrect questions
Is incremental budgeting effectiv...,
Is market share and market size c...,
What is not an aim of material fl...
23  cards

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Performance management

  • Class purpose General learning

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