Which organizational entity is responsible for setting and monitoring performance targets?
A)The Strategic Controls department
B)The corporate headquarters and the top management of each division
C)Each division
D)The CEO and finance executives of each division

Question

Quizplus · Accepted Answer

The corporate headquarters and the top management of each division are typically responsible for setting and monitoring performance targets as they have a holistic view of the organization's goals and strategies. They can ensure that division targets align with the overall corporate strategy and track progress towards achieving those targets. Other entities such as the Strategic Controls department or CEO/finance executives may be involved in performance monitoring, but they may not have the same level of authority to set targets for the organization as a whole. Each division may also be responsible for setting and monitoring their own targets, but this may lead to silos and lack of coordination with other divisions.

Which Organizational Entity Is Responsible for Setting and Monitoring Performance