Strategic performance measurement systems define and link strategic objectives to the external financial reports of a company.

Question

Quizplus · Accepted Answer

Strategic performance measurement systems are designed to measure the progress of an organization towards achieving its strategic objectives, but they do not directly link these objectives to the external financial reports. Instead, they often include a broader set of performance indicators, including non-financial measures, that reflect the company's strategic goals and operational effectiveness.

Strategic Performance Measurement Systems Define and Link Strategic Objectives to the External