Organizations pursue operational efficiency through detailed monitoring of their _____, that is, how much money is left after all the bills have been paid from the revenue generated from the sale of their product or service.

Question

Organizations pursue operational efficiency through detailed monitoring of their _____, that is, how much money is left after all the bills have been paid from the revenue generated from the sale of their prod­uct or service.

Quizplus · Accepted Answer

The "bottom line" is a financial term that refers to the net income or profit of an organization after all expenses have been deducted from the revenue. Monitoring the bottom line is essential for organizations to achieve operational efficiency. The other options are not directly related to measuring operational efficiency through financial performance.

Organizations Pursue Operational Efficiency Through Detailed Monitoring of Their _____