What are key areas that businesses need to look at whenevaluating their performance?
Expert Answer
Answer-The key areas that businesses need to focus on whenevaluating their performances include the following:
Market in which the business checks on its market share.
Customers in which the business checks on how it has been ableto satisfy the customers’ needs.
Internal factors which include employee job satisfaction andtraining levels.
The finance of the business in which it determines its liquidityand solvency ratios which helps it to determine whether it cancontinue to operate or not.
Its operations in which it determines what it has achieved interms of sales volume.