In Order to Be Effective, Performance Standards Must Be Specific

question 199

True/False

In order to be effective, performance standards must be specific, attainable, and measurable.

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Definitions:

ERP

Enterprise Resource Planning, a type of software that organizations use to manage day-to-day business activities.

Core ERP Modules

Fundamental components of an ERP system catering to critical business functions including finance, human resources, inventory management, and sales.

Financial

Relates to finance, encompassing the management, creation, and study of money, banking, credit, investments, assets, and liabilities.

HR

Human Resources; a department within organizations concerned with the management of people, including recruiting, training, and welfare.