Measurement of One Group's Performance Against the Best Possible Level

question 63

Multiple Choice

Measurement of one group's performance against the best possible level of performance exhibited by another group, either inside or outside the organization, is known as

• A)teamwork analysis.
• B)performance-variation analysis.
• C)comparative analysis.
• D)benchmarking.
• E)competition analysis.

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Definitions:

Net Present Value Method

A financial analysis tool used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.

Annual Return

The percentage of increase or decrease in an investment's value over a one-year period.

Present Value Factors

Present value factors are numerical values used to calculate the present value of a future amount of money or stream of cash flows given a specific interest rate.

Depreciation

The deliberate allocation of a physical asset's expenditure throughout its usable life.