General Standards of Comparisons (Rules-Of-Thumb) Are Developed From

question 160

Multiple Choice

General standards of comparisons (rules-of-thumb) are developed from:

• A)Industry statistics from the government.
• B)Past experience.
• C)Analysis of competitors.
• D)Relations between financial items.
• E)Dun and Bradstreet.

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Definitions:

Define Success

A process of achieving one's goals, aspirations, or standards, often marked by a sense of fulfillment or accomplishment.

Performance Goals

Targets or objectives set to achieve specific standards of competence within a given task or activity.

Striving

The act of making great efforts towards achieving a goal or reaching a higher standard.

Superiority

refers to the feeling or position of being higher in status, quality, or importance than others.