- 20 Marks
PM – Mar/Jul 2020 – L2 – Q6 – Performance Measurement Systems
Explains types of information required by different management levels and the qualities of good information.
Question
Performance management incorporates activities that aim to ensure that goals are consistently met in an effective and efficient manner. In order to achieve this, management requires reliable systems to support them in decision making.
Required:
Explain, with examples, the common types of information that are required by various levels of management for effective decision making, stating the qualities needed to classify such information as good. (20 marks)
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