Question

Question 14 1 pts At the end of last year, a pharmatheutical company implemented to monitor the performance from four perspectives: finances, operations, customer relationships, and the growth and development of employees and intellectual property. benchmarking informational goal-setting ООО a balanced Scorecard comparative management

Answer 1

Answer- a balanced score card

Explanation-

Balanced Scorecard- A Balanced Scorecard is used to identify and improve business functions. It is used to convert business outcomes into more profitable outcomes. To monitor the finance, operations, customer relationships, growth and development of employees and intellectual property, balance scorecard is the best way. As four prospectives of  a balanced scorecard help in finding the solutions and in making the strategies.

Note- Other options are incorrect because-

* Benchmarking is used to compare the performance of two companies of a same kind. It is also called comparative benchmarking.

* Informational goal setting is a process in which you carefully consider what you want to achieve and for that what kind of hardwork is required . It has 5 steps to follow- 1- Setting a goal 2- find a way 3- Ecology check 4- Develope a blue print 5- Plan and action.

* Comparative Management helps in designing policies for the management. It defines different nature, environment and ways of managers of doing work.