Measuring Organizational Performance Includes Comparing Expected Results to Actual Results

question 21

True/False

Measuring organizational performance includes comparing expected results to actual results, investigating deviations from plans, evaluating individual performance, and examining progress being made toward meeting stated objectives.

---

Definitions:

Condition

In contract law, a future, uncertain event that creates or extinguishes a duty of performance; a provision or clause in a contract that operates to suspend or rescind a party’s duty to perform.

Condition Precedent

A condition that operates to give rise to a contracting party’s duty to perform.

Close of Escrow

The finalization of a real estate transaction, where all conditions have been met and the property's title is transferred from the seller to the buyer.

Condition Subsequent

A condition in a contract that, when it occurs, terminates an existing obligation, making the contract's terms no longer binding.