Operating expense ratio (OER) is a financial calculation that measures the cost of managing an investment as a percentage of its income or net worth. It is used to assess management efficiency in keeping expenses low and maximizing profitability. OER is calculated differently depending on the type of investment, and it is commonly used in […]
Operating expenses are the ongoing costs required to run a business, including employee wages, advertising, and depreciation. They are separate from one-time capital expenditures and are tracked throughout the year to provide a clear picture of spending over time. Publicly traded companies and non-profit organizations are required to include information on operating expenses in their […]
Operational excellence is achieving the highest standards in a specific area of operations, such as sales or product quality. It requires continuous improvement and identifying strengths and weaknesses to create strategies for improvement. Constant effort and evolution are necessary for maintaining excellence. Operational excellence is a high level of results that companies and institutions are […]
