The Specific Types of Information That Managers Need Depend on Their

question 109

Multiple Choice

The specific types of information that managers need depend on their area of management and on their

• A) level within the firm.
• B) understanding of data.
• C) background in computer science.
• D) willingness to learn COBOL.
• E) use of the information.

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Definitions:

Control Equation

A conceptual framework or formula used to manage and regulate processes or systems to ensure desired outcomes are achieved.

Desired Performance

The level of operational or task achievement that an organization or individual aims to reach.

Actual Performance

The real, observed output or results of an individual’s or team’s work activities, as opposed to expected or theoretical performance.

Performance Expectations

The standards and criteria set by an organization or manager used to evaluate an employee's job performance.