Uniox, Inc. intends to increase its profits by 50% in the next fiscal year. Which of the following is most likely to be a lag indicator in Uniox's performance report? rate of on-time deliveries number of repeat customers defect rate return on investment
Answer is Return on investment.
Explanation
Various key performance indicators are defined to measures are performance of the business on the various grounds. These key performance indicators are divided into 4 categories for better understanding of the performance. One of such performance category is financial indicators which includes the profit aspect of the business. and rate of investment is one of the financial indicators to judge the financial perspective of the business.
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