Setting up benchmarks for measuring performance

Assignment Help Strategic Management
Reference no: EM13828024

1. Organizations often design systems of Balanced Scoreboards (BSCs) at several levels (corporate, divisional, business unit and department). Upper and lower levels can be linked directly, logically or by a BSC perspective. Which one of the following statements describes logical linking?

A. Measures from upper and lower level scoreboards are related because they fall into the same perspective.
B. Measures in lower level scorecards can be added to provide top level scorecard
C. Measures from lower levels are designed with the expectation that they will influence higher level measures.
D. Measures from lower levels are functionally linked to higher levels.

2. When determining the performance measures to use for benchmarking, organizations should ensure that the performance measures:

A. are characterized by lower levels of aggression
B. are independently audited to ensure accuracy
C. can be related directly to profit
D. are characterized by higher levels of aggression


Additional Requirement

These multiple choice questions based on the Corporate Strategy and the 1st question define about balanced scorecards or BSCs designed by organizations and the 2nd question is about setting up the benchmarks for measuring performance.

Reference no: EM13828024

Questions Cloud

Integrating scoreboards in an organization : Integrating Scoreboards In An Organization
Investment advisor misleads clients : This question is from Finance and it explains a scenario where an investment advisor misleads his clients in investing in a company's shares whose prices have been falling.
Running a multinational corporation integrated project : Write Research Proposal: Running Your Own Multinational Corporation Integrated Project
Average wages of a fast food restaurant worker : This problem related to Basic Statistics and it is about a study on the average wages of a fast food restaurant worker. The problem is about picking up a random worker whose salary is above the average wage
Setting up benchmarks for measuring performance : Setting Up Benchmarks For Measuring Performance
Irrelevance and arguments for relevance : Some theorists posit hedging exchange rate movements is irrelevant while others claim it is necessary to maximize shareholder wealth. Discuss arguments in support of irrelevance and arguments for relevance. If you were the Assistant Treasurer for ..
Measuring the performance of profit center manager : Measuring The Performance Of Profit Center Manager
Working capital for an international project : How do you propose financing the working capital for an international project, and how are you going to manage your working capital?
Probability of finding a lobsterman : The problem related to Basic Statistics and it is about lobstermen catching lobsters. The probability of finding a lobsterman whose catch is less than the average weight has been compute in the solution

Reviews

Write a Review

Strategic Management Questions & Answers

  Case study in strategic plan adelphi art centre

Strategic plan or strategic planning of  Adelphi Art Centre in Adelphi, Australia.

  Pestle analysis of a new uk based business plan

Key trend of PESTEL tool  analysis in UK in the next three years.

  Diversity reflection paper

This document describes an exercise that could used to increase students' sensitivity to workforce diversity and related issues of power.

  Crafting a personal vision and mission statement

Crafting a Personal Vision and Mission Statement

  Business strategy and strategic human resource management

This project report describes the co-ordination and alignment of business strategy with strategic human resource management.

  Steak sauce - lawry’s defense: case analysis

Steak Sauce: Lawry's Defense" case to complete a formal written case analysis

  Write a report on best buy strategic audit

Write a report on best buy strategic audit which inhibits the corporate governance, corporate culture, and under Corporate Resources.

  Cross-cultural management

To develop an awareness and comprehensive understanding of the influence of culture on management

  Calculate the expected value of returns of stock

Calculate the expected value of returns of stock.

  Influence the making of public policy

Write a paper on interest groups and how they seek to influence the making of public policy.

  Strategic management principles

Strategic Management principles

  Resource base view theory versus positioning theory

Explain Resource Base View theory versus Positioning theory

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd