Nonfinancial Performance Measures Are Often Lagging Indicators That Arrive Too

question 44

True/False

Nonfinancial performance measures are often lagging indicators that arrive too late to help prevent problems.

---

Definitions:

Flatter Structure

This refers to an organizational design with fewer layers of management and a wider span of control, aimed at improving communication and decision-making efficiency.

Levels Of Management

The hierarchy of authority within an organization, classifying the different layers of management from top to operational level.

Revenue Centres

Units or departments within an organization responsible for generating the organization's income.

Return On Investment

A metric used to evaluate the efficiency of an investment or to compare the efficiencies of several investments.