interfirm comparison

The process carried out by some independent bodies and trade associations in which the accounts and statistical data of comparable organizations are subjected to a ratio analysis in order to compare the ranges of performance in various areas of operation of the different organizations.

Accounting dictionary. 2014.

Look at other dictionaries:

  • interfirm comparison — Fin systematic and detailed comparison of the performance of different companies generally operating in a common industry. Companies participating in such a program normally provide standardized, and therefore comparable, information to the… …   The ultimate business dictionary

  • intercompany comparison — /ˌɪntəkʌmpəni kəm pæɪs(ə)n/, interfirm comparison /ˌɪntəfa:m kəm pærɪs(ə)n/ noun a comparison of different companies to see how much they spend on promotion, what their return on investment is, etc …   Marketing dictionary in english

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  • uniform accounting — Fin a system by which different organizations in the same industry adopt common concepts, principles, and assumptions in order to facilitate interfirm comparison, or a system of classifying financial accounts in a similar manner within defined… …   The ultimate business dictionary

  • Social position — is the position of an individual in a given society and culture. A given position (for example, the occupation of priest ) may belong to many individuals. Social position influences social status. One can have several social positions, but only… …   Wikipedia

  • Resource-based view — The resource based view (RBV) is an economic tool used to determine the strategic resources available to a firm. The fundamental principle of the RBV is that the basis for a competitive advantage of a firm lies primarily in the application of the …   Wikipedia

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