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    PracticeACCAACCA PM — Performance Management Practice Exam 5Question 14
    Medium2 marksMultiple Choice
    Performance Measurement and ControlPerformance Measurement ModelsFitzgerald and MoonSyllabus Area E

    ACCA · Question 14 · Performance Measurement and Control

    Section A

    ConsultPro, a management consultancy firm, uses Fitzgerald and Moon's Building Block model to measure performance.

    Under this model, which of the following falls under the 'Dimensions' block?

    Answer options:

    A.

    Equity

    B.

    Competitiveness

    C.

    Motivation

    D.

    Achievability

    How to approach this question

    Recall the three blocks of Fitzgerald and Moon: Dimensions (what we measure), Standards (how we set targets), and Rewards (how we incentivize).

    Full Answer

    B.Competitiveness✓ Correct
    Fitzgerald and Moon's Building Block model has three parts: Dimensions, Standards, and Rewards. Dimensions are the areas of performance measured: Financial performance, Competitiveness, Quality, Flexibility, Resource utilization, and Innovation. Equity and Achievability belong to Standards. Motivation belongs to Rewards.

    Common mistakes

    Mixing up the components of Dimensions, Standards, and Rewards.
    Question 13All questionsQuestion 15

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