The Events of the Last 20 Years Has Taught Us

question 6

Multiple Choice

The events of the last 20 years has taught us all of the following EXCEPT:

• A) the world is changing rapidly
• B) law enforcement organizations are struggling to become more adaptive
• C) operational strategies currently developing are not very different than those created in the past
• D) concerned administrators are consistently seeking better ways to manage their organizations

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Definitions:

Financial Ratios

Quantitative measures that are used to gauge the financial health of a business by evaluating its performance and financial condition.

External Benchmarking

The process of comparing an organization's performance, processes, or products against those of leading companies in the same or a different industry to identify best practices.

Financial Targets

Specified goals related to the financial performance of an organization, such as revenue, profits, or return on investment.

Sales Revenues

The total amount of money generated from the sale of goods or services before any expenses are subtracted.