September 2012
Intermediate to advanced
376 pages
6h 44m
English
Strategic perspective
Financial perspective
Key performance question this indicator helps to answer
How well are we managing our operating expenses?
Companies incur ongoing costs of running their business including equipment maintenance costs, sales and advertising costs, research and development costs, licence costs, insurance premiums, legal fees, accounting expenses, rent, travel costs, electricity and water rates, IT support, etc. These costs are called operating expenses (OPEX) and encompass all the day-to-day expenses a company needs to pay to operate. This therefore means that the lower a company’s operating expenses are, the more profitable it generally is.
Operating ...
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