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Question 8 Non-financial indicators have some potential disadvantages and limitations. Identity those challenges from the list below. I. Implementation of a complex analytical system requires a lot of time and money. II. Using too many metrics to measure performance may create contradictions between them. III. All employees of the company, especially the management, may not clearly understand the necessity of such systems and the essence of each indicator. IV. There is no risk that a system once configured will lose its purpose over time and become a bureaucratic mechanism. I, II and IV only I, II and III only II and III only IV only

Question 8 Non-financial indicators have some potential disadvantages and limitations. Identity those challenges from the list below. I. Implementation of a complex analytical system requires a lot of time and money. II. Using too many metrics to measure performance may create contradictions between them. III. All employees of the company, especially the management, may not clearly understand the necessity of such systems and the essence of each indicator. IV. There is no risk that a system once configured will lose its purpose over time and become a bureaucratic mechanism. I, II and IV only I, II and III only II and III only IV only

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question 8 Non-financial indicators have some potential disadvantages and limitations. Identity those challenges from the list below. 1. Implementation of a complex analytical system requires a lot of time and money. II. Using too many metrics to measure performance may create contradictions between them. III. All employees of the company, especially the management, may not clearly understand the necessity of such systems and the essence of each indicator. IV. There is no risk that a system once configured will lose its purpose over time and become a bureaucratic mechanism. I, II and IV only I, II and III only II and III only IV only
Transcribed Image Text:Question 8 Non-financial indicators have some potential disadvantages and limitations. Identity those challenges from the list below. 1. Implementation of a complex analytical system requires a lot of time and money. II. Using too many metrics to measure performance may create contradictions between them. III. All employees of the company, especially the management, may not clearly understand the necessity of such systems and the essence of each indicator. IV. There is no risk that a system once configured will lose its purpose over time and become a bureaucratic mechanism. I, II and IV only I, II and III only II and III only IV only
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