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3. In relation to Strategic Performance Measurement System: a. At the Strategic Planning Retreat you are asked to provide and discuss the advantages of using

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3. In relation to Strategic Performance Measurement System: a. At the Strategic Planning Retreat you are asked to provide and discuss the advantages of using a Balanced Scorecard with reference to Kaplan and Norton "Why does a business need a balanced scorecard" (Reeve Reading 9.2) . (4 marks) b. Suggest one (1) lead and (1) lag indicator for each objective outlined at the retreat. ( 8 x 0.25 marks each = 4 marks)

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