Which Two Options Are Major Tensions That Business Performance Measurement

question 183

Multiple Choice

Which two options are major tensions that business performance measurement could help balance? (Choose two.)

• A) Responsive / non-responsive.
• B) Different performance expectations.
• C) Profit, growth and control.
• D) Critical / non-critical.
• E) Monitor and control.

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Definitions:

Willingness to Pay

The maximum amount an individual is prepared to spend to procure a good or service, reflecting their valuation of it.

Buyer

An individual or entity that purchases goods or services for personal use or consumption.

Good

Represents a tangible product or service that satisfies some human want or need.

Complements

Goods or services that are used together, such that an increase in demand for one typically increases demand for the other.