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Questions and Answers
What is the purpose of a performance indicator system?
What is the purpose of a performance indicator system?
Performance measurement over time; internal and external benchmarking; planning.
What are the two types of performance indicator systems?
What are the two types of performance indicator systems?
Order systems and Key figure systems.
What is the significance of automation in performance indicator systems?
What is the significance of automation in performance indicator systems?
It allows for more comprehensive and real-time representation of quantitative indicators.
What are the two types of indicators in a performance indicator system?
What are the two types of indicators in a performance indicator system?
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What is the importance of congruence with corporate strategy in designing a performance indicator system?
What is the importance of congruence with corporate strategy in designing a performance indicator system?
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What is one of the criteria for designing a performance indicator system?
What is one of the criteria for designing a performance indicator system?
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What is the primary purpose of a Balanced Scorecard (BSC) in a business?
What is the primary purpose of a Balanced Scorecard (BSC) in a business?
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What four main aspects of a business does a Balanced Scorecard measure?
What four main aspects of a business does a Balanced Scorecard measure?
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How does a Balanced Scorecard operationalize corporate strategy?
How does a Balanced Scorecard operationalize corporate strategy?
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What is the purpose of tracking BSC-related KPIs in a management information system?
What is the purpose of tracking BSC-related KPIs in a management information system?
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What is an example of a KPI related to customer retention?
What is an example of a KPI related to customer retention?
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What is the objective of upskilling a workforce in terms of training days per employee per annum?
What is the objective of upskilling a workforce in terms of training days per employee per annum?
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What is the purpose of Business Intelligence (OLAP) in a financial context?
What is the purpose of Business Intelligence (OLAP) in a financial context?
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What are some common challenges in implementing Business Intelligence in finance?
What are some common challenges in implementing Business Intelligence in finance?
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What is the operating margin performance indicator?
What is the operating margin performance indicator?
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What is the purpose of special liquidity planning software packages?
What is the purpose of special liquidity planning software packages?
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What types of financial statements are related to financial KPIs and ratios?
What types of financial statements are related to financial KPIs and ratios?
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What is the purpose of Customer Lifetime Value (CLV) in a Performance Indicator System?
What is the purpose of Customer Lifetime Value (CLV) in a Performance Indicator System?
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