Answer to Question #84910 in Accounting for Sanish Gurung

Question

Describe the different types of financial options that are available for different clients related to the provision of business performance information

Answer 1

Business performance management is a set of performance management and analytic processes that enables the management of an organization's performance to achieve one or more pre-selected goals.

Business performance management has three main activities:

1) selection of goals,

2) consolidation of measurement information relevant to an organization’s progress against these goals,

3) interventions made by managers in light of this information with a view to improving future performance against these goals.