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Author Question: The best measures that should be captured and reported to managers relate to corporate strategy and ... (Read 78 times)

moore.cailinf

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on: Feb 5, 2023
The best measures that should be captured and reported to managers relate to corporate strategy and are SMART: specific, measurable, actionable, relevant, and timely. Below are examples of poorly constructed performance measures for each of these. For each component of SMART, provide two better measures than those provided.

SMARTProcess MeasuredPoor MeasureBetter measures
SpecificSalesCustomer Satisfaction#1.
​​​#2.
​
MeasurableFinancial stabilityProfit#1.
​​​#2.
​
ActionableAccounts payableCorporate profit#1.
​​​#2.
​
RelevantAssemblyDelivery time#1.
​​​#2.
​
TimelySalesLast year's orders#1.
​​​#2.
​
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by moore.cailinf on Feb 5, 2023

queenBea90

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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moore.cailinf

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Reply 2 on: Feb 5, 2023
Excellent

strudel15

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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