The Management Methodology of Using a Firm's Strategy to Generate

question 13

Multiple Choice

The management methodology of using a firm's strategy to generate operational targets for the business and measuring progress towards them using the firm's enterprise systems is called:

• A)benchmarks.
• B)Key Performance Indicators (KPIs).
• C)the balanced scorecard method.
• D)Business Performance Measurement (BPM).
• E)business intelligence.

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Definitions:

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Present Value

The present value is the current value of a future sum of money or stream of cash flows, discounted at a specified rate of interest.

Cash Flows

The total amount of money being transferred in and out of a business, serving as a measure of its financial health.

Contribution Margin

The amount that one unit contributes to profit. It is defined as price minus marginal cost.