Which of the Following Is One of the Reasons for Measuring

question 23

Multiple Choice

Which of the following is one of the reasons for measuring performance?

• A) Support better decision making.
• B) Support better communication.
• C) Provide performance feedback.
• D) Motivate and direct behavior.
• E) All of the above.

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Definitions:

Strategic Planning

The process of defining a business’s strategy or direction, and making decisions on allocating its resources to pursue this strategy, often based on its mission, vision, and goals.

Environmental Analysis

The process of evaluating the external factors that can affect an organization's success, such as political, economic, social, and technological factors.

Pollution

The introduction of contaminants into the natural environment, causing adverse change and harm to ecosystems.

Competitive Advantage

The attribute(s) that allows a company to outperform its competitors, providing it with a greater market share or profitability.