It Is Commonly Recommended That the Managers of a Firm

question 21

Essay

It is commonly recommended that the managers of a firm compare the performance of their firm to that of its peers.Increasingly,this is becoming a more difficult task.Explain some of the reasons why comparisons of this type can frequently be either difficult to perform or produce misleading results.

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Definitions:

Mother

A female parental figure who may give birth to, adopt, or rear a child in the role of providing care, nurture, and protection.

Positive Punishment

A behavioral strategy that involves the addition of an unfavorable outcome in response to an undesired behavior.

Discipline

The practice of training people to obey rules or a code of behavior, using punishment to correct disobedience.

Added

Refers to something that has been included or joined to another thing, increasing the total number, quantity, or extent.