Which of the Following Statements About Performance Metrics Is False

question 118

Multiple Choice

Which of the following statements about performance metrics is false?

• A)Performance metrics are used to assess performance in achieving the strategic objectives.
• B)Performance metrics are needed for 80% of the strategic objectives.
• C)Each strategic objective needs at least one performance metric.
• D)Performance metrics may be financial or nonfinancial in nature.

---

Definitions:

Workforce Diversity

The inclusion of individuals of different races, ethnicities, genders, ages, religions, disabilities, and sexual orientations in the workplace.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often characterized by global economic trade and cultural exchange.

Interdependence

The reliance between two or more entities or groups, often leading to collaborative or cooperative behavior.

Business Competition

The rivalry among companies for market share and profitability, driven by the quest for innovation, quality, and customer satisfaction.