In the context of VUCA (Volatility, Uncertainty, Complexity, Ambiguity), which of the following best describes the strategic value of NFPM?

NFPM

Quiz
•
Other
•
University
•
Medium
HuiEn HuiEn
Used 3+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reinforces rigid budget control structures
Allows real-time adaptive decision-making based on broader organizational signals
Improves quarterly earnings predictability
Minimizes external stakeholder involvement in planning
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor most undermines the effectiveness of NFPM in organizational decision-making?
Its ability to directly increase shareholder returns in the short term
Its lack of regulatory standardization, making benchmarking and comparison difficult
Its alignment with ESG priorities and long-term strategic focus
Its contribution to enhancing innovation and internal culture metrics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best illustrates how NFPM supports strategic agility in a knowledge-based economy?
Enhancing fixed asset utilization
Encouraging KPI silos to deepen focus
Capturing real-time learning, collaboration, and innovation metrics
Reducing marketing budget variance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a key limitation of relying solely on NFPM in public sector or educational institutions?
NFPM are too easy to quantify
They lack stakeholder relevance
Subjectivity and lack of standard benchmarks may affect comparability
They ignore human elements of performance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Considering both pros and cons from the presentation, which industry would likely benefit MOST from NFPM?
A stable utilities provider with regulated profits
A rapidly evolving fintech startup
A cash-only small retail business
A government-run monopoly
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A retail company experiences high employee turnover despite strong financial results. Which performance measurement strategy would best address this imbalance?
Reinforcing cost control and ROI metrics
Adopting a Balanced Scorecard approach with workforce engagement KPIs
Increasing advertising to drive short-term sales
Focusing on financial liquidity ratios in monthly reports
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A technology firm implements a new AI-driven system to track customer feedback, innovation output, and employee engagement. Which justification best supports this decision from a strategic management perspective?
To reduce administrative expenses
To enhance backward-looking reporting for auditors
To improve intangible asset management aligned with future value creation
To increase the firm’s current earnings per share (EPS)
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a benefit of combining financial (FPM) and non-financial (NFPM) performance measures?
It eliminates the need for long-term strategic planning.
It provides a more balanced and comprehensive view of organizational performance.
It reduces the focus on customer satisfaction.
It simplifies compliance costs.
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a fast-changing digital market, why might a firm prioritize non-financial indicators over traditional financial ones?
Because non-financial data is easier to audit
To delay reporting sensitive earnings data
Because future competitiveness relies on agility, innovation, and employee capabilities
To ensure compliance with IFRS standards
Similar Resources on Wayground
10 questions
Internal Assessment

Quiz
•
University
9 questions
CHAPTER 1:INTRODUCTION TO ENTREPRENEURSHIP(L1)

Quiz
•
University
7 questions
Green Finance and its Development in China

Quiz
•
University
10 questions
Tugas Pendahuluan Modul 10

Quiz
•
University
10 questions
Tourism Marketing Quiz

Quiz
•
University
10 questions
Basic Strategic Management Concepts

Quiz
•
University
10 questions
MCQ - Mock Exam - SHRM

Quiz
•
University
11 questions
MPU 1132 QUIZ 1

Quiz
•
University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade