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The Integrating System of Business Performance Measurement

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  • Stojkovic, Natasa

Abstract

The integrating business performance measurement system in the enterprise has the important role of development and guidance, giving the basis for formulating and guiding the corporate strategy. Relevance of the integrating business performance measurement system, that is, application of the performance measurement process at the different levels of activities and business dimensions includes the motivation role, since it stimulates higher objectives realization. The integrating business performance measurement system seems to be the basis for creating compensation system for managers and other employees. Relevance of the cited functions of integrating business performance measurement system requires the need for higher management initiation, considering its designing, implementation, and continual development and improvement.

Suggested Citation

  • Stojkovic, Natasa, 2014. "The Integrating System of Business Performance Measurement," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 60(3), September.
    • Handle: RePEc:ags:sereko:289181
    DOI: 10.22004/ag.econ.289181
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    Keywords

    Productivity Analysis;

    Statistics

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