A Focus on Measurement of Progress Is Important Because

question 32

Multiple Choice

A focus on measurement of progress is important because:

• A) it can assist in making important decisions about downsizing.
• B) it is a means of monitoring change and is likely to have a significant impact on how people act.
• C) it can justify managerial decisions and explain failure of managerial efforts.
• D) it provides information from an organization's historical perspective.

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Definitions:

Competitive Disadvantage

A condition or circumstance that puts a company in an unfavorable position relative to competitors.

Workforce

The collective body of individuals employed by a particular organization or working in a particular sector.

Mismatch

A discrepancy or lack of alignment between two or more elements, such as skills and job requirements or expectations and reality.

Pay Gap

The disparity in the amount of remuneration between different groups, notably seen in the difference between wages paid to men and women or employees of different ethnicities.