Which of the Following Best Describes the Effectiveness Performance Dimension

question 12

Multiple Choice

Which of the following best describes the effectiveness performance dimension?

• A)the success of a business's products and programs relative to those of its competitors in the market
• B)the outcome of a business's programs relative to the resources used in implementing them
• C)the business's success in responding over time to changing conditions and opportunities in the environment
• D)the percentage of sales accounted for by products introduced within the last five years

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Definitions:

Crowdfunding

A process where small sums of money are gathered from many people to support a project or enterprise, usually through internet channels.

Financial Statements

Documents that provide an overview of a company or individual's financial condition, including balance sheets, income statements, and cash flow statements.

Public Funds

Financial resources collected and spent by government entities for the benefit and administration of public services.

General Partners

Individuals in a partnership who share equally in both the management of the business and the liability for the business's debts.