Asked by Xhorxhina Gjoni on May 06, 2024
Verified
Strategic performance measurement systems define and link strategic objectives to the performance metrics of a company.
Strategic Objectives
High-level goals aligned with an organization's vision and mission, guiding long-term direction and operational strategy.
Performance Metrics
A measure used to assess performance in achieving strategic objectives.
- Recognize the importance of linking performance metrics to strategic objectives in performance measurement systems.
Verified Answer
ZK
Zybrea KnightMay 08, 2024
Final Answer :
True
Explanation :
Strategic performance measurement systems are designed to define strategic objectives and link them to performance metrics, ensuring that a company's goals are aligned with its operational activities and performance evaluation.
Learning Objectives
- Recognize the importance of linking performance metrics to strategic objectives in performance measurement systems.