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The Integrating System Of Business Performance Measur?Ment

Author

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  • Natasa Stojkoviæ-Krstiæ

    (Banka Poštanska štedionica, a.d., Beograd)

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

  • Natasa Stojkoviæ-Krstiæ, 2014. "The Integrating System Of Business Performance Measur?Ment," Ekonomika, Journal for Economic Theory and Practice and Social Issues 2014-03, „Ekonomika“ Society of Economists, Niš (Serbia).
    • Handle: RePEc:esb:castrc:2014-317
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    More about this item

    Keywords

    measurement; performance; organization;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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