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Chapter 18 & 19 Strategic Performance Measurement questions with answers. $9.19   Add to cart
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Chapter 18 & 19 Strategic Performance Measurement questions with answers.
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  • CIMP - Certificate in Investment Performance Measurement
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  • CIMP - Certificate In Investment Performance Measurement

Chapter 18 & 19 Strategic Performance Measurement questions with answers.

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  • September 27, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • chapter 18 19 strategic performance measurement

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  • CIMP - Certificate in Investment Performance Measurement
  • CIMP - Certificate in Investment Performance Measurement

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Chapter 18 & 19 Strategic Performance
Measurement questions with answers.
Performance measurement. ANS -The process by which managers at all levels in the firm gain
information about the performance of tasks within the firm and judge that performance against pre-
established criteria is:



Cost center. ANS -The least common type of SBU in a retail firm is the:



Cost shifting ANS -The replacing of controllable costs with non-controllable costs by a department is:



Management control ANS -the evaluation by upper-level managers of the performance of mid-level
managers



Operational control ANS -the evaluation of operating-level employees by mid-level managers



centralized firm ANS -reserves much of the decision-making at the top-management level



decentralized firm ANS -has chosen to delegate a significant amount of responsibility to mid-level
managers



Profit center ANS -Authority to make decisions affecting the major determinants of profit, including the
power to choose its markets and sources of supply.



Revenue center ANS -The type of strategic business unit (SBU) where the focus is on the selling
function of a specific product line or by a geographical location



Investment center ANS -include assets employed by the SBU as well as profits in the performance
evaluation

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