THE INTEGRATING SYSTEM OF BUSINESS PERFORMANCE MEASUR?MENT

Natasa S.K. Stojkoviæ-Krstiæ
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Natasa S.K. Stojkoviæ-Krstiæ: Banka Poštanska štedionica, a.d., Beograd

No 2014-03, Ekonomika, Journal for Economic Theory and Practice and Social Issues from „Ekonomika“ Society of Economists, Niš (Serbia)

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.

Keywords: measurement; performance; organization (search for similar items in EconPapers)
JEL-codes: M11 M21 O31 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2014-10
New Economics Papers: this item is included in nep-bec, nep-cse, nep-eff and nep-hrm
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Persistent link: https://EconPapers.repec.org/RePEc:esb:castrc:2014-317

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