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A Possible Disadvantage of "Achievable" Standards, Compared to "Tight Standards

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A possible disadvantage of "achievable" standards, compared to "tight standards," is that managers may be more likely to perform at less than their peak efficiency.


Definitions:

Sample Mean

The average value of a set of observations or measurements taken from a sample.

Standard Error

A statistic that measures the variability or spread of sampling distribution means.

Sample Size

The quantity of measurements or repetitions contained within a statistical sample.

Statistical Variation

The measure of how much data values in a statistical set differ from the average or mean value.

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