Question
Which of the following statements regarding multiple measures or a single measure of performance is not correct? A)The advantage of using branch profits to evaluate
Which of the following statements regarding multiple measures or a single measure of performance is not correct? A)The advantage of using branch profits to evaluate branch managers is that profit is relatively simple to compute and reflects the organization's ultimate goal.
B)The use of multiple measures can influence branch managers' decisions by changing the components of the performance measurement system to reflect changes in the firm's strategy.
C) If the branch managers are more knowledgeable than the corporate staff about local conditions and what local clients value, a single measure could be preferable.
D) If the corporate office has better knowledge of what it requires to operate a profitable branch, using multiple measures provides a way to communicate this knowledge and achieve common branch operations
E) All of the above are correct statements.
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