Question: What is the relationship between performance measurement and strategy? What is the role of management accounting information in the performance evaluation process?
Sid Adelman's Answer: By performance measurement I assume you mean business performance. If you mean the business strategy of the organization, how it plans to achieve its business goals including revenue, profit, customer satisfaction, supplier compliance, growth, competitive position, sustainability and employee retention, the answer is trivial - for each of the business strategies, you establish one or more business performance measurement.
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