What is the most comprehensive measure of corporate performance and why?

To understand and control costs internally, what is the concept (or technique) that the Controller in a company called ABC Enterprises, might use to allocate indirect and fixed costs to individual products, or product lines based on the value-added activities going into that product.  This question is similar to the percentage cost allocations to each of the activity categories in the Process Map for the capstone project.  

3. Name and discuss in detail, the concept that describes the practice of comparing business processes and performance metrics to industry best practices, including best practices from other companies.  

Answer rating: 100% (QA)

ANSWER Comprehensive Measure of Corporate Performance The most comprehensive measure of corporate performance is arguably the Balanced Scorecard BSC The BSC is a strategic management tool that transla... View the full answer