Figure 7.18 shows a liquid-level system in which two tanks have cross-sectional areas A1 and A2, respectively. The volume flow rate into tank 1 is qi. A pump is connected to the bottom….
Identify four possible measures (financial or non-financial) that top management may decide to use.
1.What problems might be encountered when a business attempts to incorporate non-financial measures into its management reports?
2.Westcott Supplies Ltd has an operating division that produces a single product. In addition to
the conventional RI and ROI measures, central management wishes to use other methods of
measuring performance and productivity to help assess the division.
3.Identify four possible measures (financial or non-financial) that top management may decide