Measurement Shapes Behavior

question 33

Multiple Choice

Measurement shapes behavior. Tom Peters suggests, "What gets measured, gets ________."

• A) control limits
• B) done
• C) reported to all levels of management
• D) is always prioritized

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Definitions:

Legal Issues

Challenges or disputes arising within the framework of the law, affecting individuals, businesses, or relationships.

Political Considerations

Factors or influences from the political environment that affect decision-making processes in organizations or governments.

Environmental Regulations

Laws and policies aimed at protecting the environment by controlling pollution levels, waste management, and conservation efforts, impacting business operations and compliance costs.

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's cost.