
APM Class Notes 10
Quiz by Stanford C Allen
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Which of the following statements are problems associated with conventional performance measures?
1. They may encourage short-term financial performance.
2. They describe results not causes.
3. They do not emphasize areas that need development for long-term goal achievement.
Which of the following are likely to be the result of concentration on short-term financial measures?
1. Reduced expenditure on product development
2. Increased spending on new technology
3. Increased employee training
4.Reduced marketing effort
The first step to successful balanced scorecard implementation is clarifying the
Which of the following statements best relates to the balanced scorecard's financial perspective?
Which of the following questions best relates to the balanced scorecard's internal business processes perspective?
Which of the following statements best relates to the balanced scorecard's learning and growth perspective?
A company's balanced scorecard measures yield, order-delivery time, cycle time, and errors as part of which of the following perspectives?
Which of the following statements does NOT refer to a problem with the Balanced scorecard?
Which of the following statements about the Balanced scorecard is FALSE?
Which of the following statement about the performance pyramid is INCORRECT?
Which of the following statements about the performance pyramid is FALSE?
Which of the following statements is INCORRECT?
Which of the following statements about strategic ABM is INCORRECT?
Which of the following statements about operational ABM is INCORRECT?
Which of the following is an example of operational ABM?
Which of the following is NOT associated with the risks of ABM?
Which statement of the following statements about VBM is INCORRECT?
Place the VBM implementation steps given below in the correct order:
1. Performance metrics and reward systems measurement and incentive systems are created compatible with the targets.
2. A strategy is developed to maximise value.
3. Key value drivers must be identified and then performance targets (for both the short and long term) are defined for those value drivers.
4. A plan is developed to achieve the targets.
Which of the statements below is NOT a concern/problem associated with VBM?
Modern performance measurements systems would include all the following EXCEPT?
Which of the options below is NOT one of the ways ABM could be used