When one division sells a good or service to another division within the same company, a transfer price must be established. This is critical because it affects the profitability of both units and, therefore, managerial bonuses.
Posts tagged as “Benchmark”
For marketers, the agency brief isn't just a formality—it's the foundation for success. It is the single most important document that ensures your marketing investment yields the best possible return. A well-written brief serves as the "North Star" for your agency partner, guiding their strategy, inspiring their creativity, and aligning their efforts with your ultimate business goals.
Implementing Business Process Re-engineering (BPR) is a systematic process aimed at achieving dramatic improvements in performance metrics like cost, quality, service, and speed by fundamentally redesigning the way work is done. It is a radical, rather than incremental, approach to change.
Implementing Kaizen, which translates from Japanese to "change for better" or continuous improvement, is a powerful business philosophy focused on making small, ongoing, positive changes involving everyone from the CEO to the front-line staff.
A Programme for Benchmarking is a structured, systematic, and ongoing initiative an organization uses to measure its products, services, and processes against those of recognized industry leaders or "best-in-class" companies, regardless of the industry.
Implementing a Job Evaluation Scheme is far more than a mere administrative exercise; it's a strategic move essential for establishing internal pay equity, improving employee morale, and ensuring legal compliance.
The 183-Day Rule is a common benchmark used by many countries to determine an individual's tax residency.
The 130-30 Strategy is an investment methodology used by institutional investors, hedge funds, and asset managers, often referred to as a long-short equity strategy.
The primary difference between the 10-Year Treasury Note and the 30-Year Treasury Bond is their term-to-maturity.
The S&P SmallCap 600 Index, often referred to as the S&P 600, is a stock market index that tracks the performance of 600 small-capitalization publicly traded companies in the United States. It is maintained by S&P Dow Jones Indices.
The S&P MidCap 400 Index, often referred to as the S&P 400, is a stock market index that tracks the performance of 400 mid-sized publicly traded companies in the United States. It is maintained by S&P Dow Jones Indices and was introduced in 1991.