Reduction in setup time, manufacturing cycle efficiency and average time of manufacturing for key products are examples of
A. measures of growth and learning
B. measures of internal business processes
C. customer measures
D. financial measures
Answer: Option B
Solution(By Examveda Team)
Reduction in setup time, manufacturing cycle efficiency and average time of manufacturing for key products are examples of measures of internal business processes. In other words, internal processes create and deliver the value proposition for customers. Thus objectives in your strategy map's internal process perspective must describe how you intend to accomplish your organization's strategy.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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