To Achieve a High Level of Performance Excellence,an Organization Requires

question 4

Multiple Choice

To achieve a high level of performance excellence,an organization requires a much broader set of performance measures that are aligned to an organization's strategy; this became known as the:

• A)quality trilogy.
• B)balanced scorecard.
• C)quincunx.
• D)Taguchi loss function.

Recognize the implications of taxation on land and its economic effects.

Learn the factors that cause changes in rent and land valuation.

Grasp the interplay between market forces in determining wages, interest, and rent.

Understand the determinants and implications of land value and supply.

---

Definitions:

Empirical

Based on observation or experience rather than theory or pure logic, relating to data which can be measured or observed directly.

Diagnostic

Pertaining to or aiding in the detection and identification of a disease, condition, or distinctive characteristics.

Binge Drinking

The consumption of an excessive amount of alcohol in a short period of time, typically defined as five or more drinks for males, and four or more drinks for females, in about two hours.

Interpersonal Skills

Interpersonal skills are the abilities required to effectively communicate, interact, and work with individuals and groups.