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Asked by Amanda Schneck on May 18, 2024

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Strategic performance measurement systems are commonly used by large companies around the world.

Strategic Performance Measurement Systems

A performance measurement system, such as the balanced scorecard, that defines and links strategic objectives to the performance metrics of a company.

Large Companies

These are corporations that have a significant market capitalization, often characterized by a large workforce, extensive product lines, and international operations.

  • Apprehend the significance and impact of the balanced scorecard as a mechanism for managing strategic performance.
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KW
Keria WrightMay 21, 2024
Final Answer :
True
Explanation :
Strategic performance measurement systems are widely adopted by large companies globally to align performance metrics with their strategic goals and objectives, ensuring that their operations are geared towards achieving long-term success.

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