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The Administrative Purpose of a Performance Management System Refers To

question 39

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The administrative purpose of a performance management system refers to:


Definitions:

Non-Financial Performance Indicators

Metrics used to assess the performance of a business not directly related to financial figures, such as customer satisfaction and employee turnover rates.

Quality Measure

A standard or metric used to assess the degree of excellence of a product, service, or process.

Machine Downtime

The period during which a machine is not operational or productive, often due to maintenance, repairs, or technical failures.

Percentage Of Idle Time

The proportion of time that resources remain unutilized during the production process.

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