Asked by Katia Ferreira on Jul 17, 2024
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Used by management to assess how well employees or units within a company meet the company's goals and objectives
A)Performance measurement system
B)Strategic performance measurement system
Performance Measurement System
A set of metrics used to evaluate and analyze an organization's effectiveness, efficiency, and performance in achieving its objectives.
Strategic Performance Measurement System
A strategic performance measurement system is a framework that organizations use to systematically track, monitor, and evaluate their performance against strategic goals and objectives.
- Gain insight into the framework of performance measurement systems and how they are applied in the strategic decision-making context with the balanced scorecard.
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Learning Objectives
- Gain insight into the framework of performance measurement systems and how they are applied in the strategic decision-making context with the balanced scorecard.
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