Effective Performance Measures Have All the Following Characteristics EXCEPT ________

question 11

Multiple Choice

Effective performance measures have all the following characteristics EXCEPT ________.

• A) used consistently and regularly in evaluating and rewarding employees
• B) readily understood by employees
• C) balance long-term and short-term concerns
• D) unaffected by the actions of managers

---

Definitions:

Availability of Substitutes

The presence of alternative goods or services that consumers can use in place of another.

Inelastic

Describes a situation where the demand or supply for a good or service is not significantly altered when the price of that good or service changes.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain period of time.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level.