What is strategic performance measurement and why is it

Question

1. What is the difference between management control, performance evaluation, and operational control?

2. What is strategic performance measurement, and why is it important for effective management?

3. Does an effective performance evaluation focus on individual or team performance?

4. Explain the difference between informal and formal control systems. What type of control system is strategic performance measurement?

Answer 1

Give the answer of specified questions that is as showing 1. What is the dissimilarity between management control, performance evaluation, and operational control? 2. What is tactical performance measurement, and why is it significant for effective management? 3. Does an effective performance assessment focus on individual or team performance? 4. Describe the dissimilarity between informal and formal control systems. What kind of control system is tactical performance measurement?