Match each definition with the most logical word or phrase
Definitions:
Strategic Performance Measurement System
A framework that companies use to monitor and manage their strategies by measuring performance using financial and non-financial metrics.
Balanced Scorecard
A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.
Lean Management System
A systematic approach for eliminating waste within a manufacturing system without sacrificing productivity.
Material Price Variance
The difference between the actual cost of materials purchased and the expected (or standard) cost, reflecting how effectively a company controls its material costs.
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Q145: Match each word with the correct sentence.<br>