ExpertEasy2 marksMultiple Choice
ACCA · Question 14 · Performance Measurement Frameworks
Section A
LogisticsCorp uses Fitzgerald and Moon's Building Block model to assess performance. The model categorizes performance dimensions into 'Results' and 'Determinants'.
Which of the following dimensions is classified as a 'Determinant' in this model?
Section A
LogisticsCorp uses Fitzgerald and Moon's Building Block model to assess performance. The model categorizes performance dimensions into 'Results' and 'Determinants'.
Which of the following dimensions is classified as a 'Determinant' in this model?
Answer options:
A.
Financial Performance
B.
Competitiveness
C.
Flexibility
D.
Shareholder Value
How to approach this question
Recall the 6 dimensions of the Building Block model. Results = Financial, Competitiveness. Determinants = Quality, Flexibility, Resource Utilization, Innovation.
Full Answer
C.Flexibility✓ Correct
Fitzgerald and Moon's Building Block model has six dimensions. Two are 'Results' (Financial Performance, Competitiveness) which reflect past success. Four are 'Determinants' (Quality, Flexibility, Resource Utilization, Innovation) which are the operational factors that drive future results.
Common mistakes
Confusing Results (lagging indicators) with Determinants (leading indicators).
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