HR Metrics Should Reflect the Key Drivers of Individual,team,and Organizational

question 67

True/False

HR metrics should reflect the key drivers of individual,team,and organizational performance.

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Definitions:

Operating Performance

A measurement of a firm's efficiency, effectiveness, and overall management's success in generating profits from operations.

Contribution Margin

The amount by which sales revenue exceeds variable costs of production, indicating how much contributes to covering fixed costs and generating profit.

EBIT

A financial indicator, Earnings Before Interest and Taxes, reflects a company's earnings by removing the effects of interest and tax expenses.

Fixed Costs

Costs that do not change with the level of output or sales in the short term.