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I’m unsure to be honest….
I basically did pros and cons on NFPIs and then concluded that a balanced use of both is better….
then the manipulation part, I said both could be manipulated but if used in conjunction, it is harder to distort
Ic (i) was the benefits or unified corp system and (ii) was the issues of big data and volume, variety and velocity
I disagreed that NFPI were easily manipulated. I argued financial PIs were just as easy to manipulate then went on to discuss the subjectivity of NFPI…
My questions were:
1. A (i) Comments from CEO’s friends that the performance indicators were backwards looking and the use of NFPIs
A (ii) Comment on quality issues and NFPI manipulation
B. Brand awareness and loyalty
C. (i) Benefits of Unified Corp System
(ii) Big data issues
2. A. If performance pyramid served 3 purposes outlined by CFO
B. Suggest PI for flex, financial and productivity
C. Change to new bonus scheme
3. A. Evaluate if schools were VFM
B. League table issues
I found this exam quite difficult and was lost with the brand awareness and loyalty part. Also was unsure regarding performance pyramid, not sure I wrote enough
