Question
When managing the performance of an organization, the leadership is always balancing between the risks and rewards of using financial and non-financial information as well
When managing the performance of an organization, the leadership is always balancing between the risks and rewards of using financial and non-financial information as well as internally and externally sourced information, in its performance report.
(b) Elaborate on the benefits and issues of using the following information:
i. financial information versus non-financial information. (6.5 marks)
ii. internally sourced information versus externally sourced information. (6.5 marks)
For each set of information, there should be at least two advantages and two disadvantages provided (no tables allowed, your answers should have proper headers and paragraphs and word count should be a minimum 350 words, not exceeding 450 words. Marks will be awarded for format. (13 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started