How are financial measures and quality related

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Discussion

"Companies should focus on financial measures of quality because these are the only measures of quality that can be linked to bottom-line performance." Do you agree? Explain. How are financial measures and quality related? What other factors should be considered?

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Quality financial measures are substantial in analysing and assessing the bottom line performance of the Company. But quality financial measures will only provide the outcome of the performance but, non-financial measures will provide the reason for the stumpy bottom line performance of the Company. Quality and financial measures are directly linked to each other. Higher quality will lead to positive financial results of the Company. The Company must recognize about the overall performance of the operations and that can be done via considering other factors such as working environment, relationship of employer with employee, suppliers with Company and Company with customers etc.

Reference no: EM132066852

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Refer to the MBA Discussions power point presentation for tips on how to gain maximum learning and points from your discussion engagement Post a substantive response to the question (minimum 250-300 words). Initial Post is due by Thursday, 11:59pm CST. Your initial post must contain citation of the course concepts. This can be in the form of one of the videos you watched, the text, or other appropriate, and relevant literature. Reply in a scholarly and substantive manner to at least two of your classmates by Sunday, 11:59pm CST at the end of the week.

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