different methods of performance measures question measuring and evaluating performa 3268072

Different methods of performance measures

Question: Measuring and evaluating performance is important to managers. They need to explore how individual and performance measures and other measures can be combined to create a better tool for measuring past performance and driving the future achievement of strategic goals.

The different methods of performance measures include:

Lagging indicators
Leading indicators
Non-financial measures
Bench-marking
Best practices.

If you had a choice, pick one of these 5 measures, explain why you would use it over the others, and how you would implement it.

Different methods of performance measures
Accounting Basics

 

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