In developing performance measures, management must consider which of the following? a. How should we measure? b. How can managers monitor financial performance? c. What should we measure? d. All of these choices
Answer is d. all of these choices.
Explanation:
While developing performance measures the managers must consider the following points to implement effective performance measurement system:
- Howe each manager shall be measured i.e. what are the key constraint of the performance.
-How the actual activities relating these key constraints be measured for each individual.
- how the manager concerned is able to know their actual performance while in processing stage of each task.
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