In Using a Historical Approach for Comparing Desired and Actual

question 76

Multiple Choice

In using a historical approach for comparing desired and actual performance, a manager will:

• A) use past performance as a benchmark.
• B) use present performance to set the standard.
• C) use standards set scientifically through such methods as time and motion studies.
• D) use the organisation's objectives to set the standard.
• E) use performance achievements of other people, work units or organisations to set the standard.

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Definitions:

Seasoned Offering

Refers to the issuance of additional securities by a company that has previously issued securities to the public and is therefore considered a more established issuer.

Stock Price

The going rate for buying or selling a single share of a firm's stock in the marketplace.

News Release

An official statement issued to the media and the public to announce significant or notable information about a company, government, or organization.

Holder-of-record Date

The specified date set by a corporation by which one must be registered as a shareholder to be entitled to receive dividends or participate in certain corporate events.