While Measuring Performance,managers Must Be Able to Distinguish Between What

question 58

True/False

While measuring performance,managers must be able to distinguish between what is being measured and the actual measures used to monitor performance and compare results.

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Definitions:

Preferences

Individual choices or selections from a set of available options, often reflecting personal tastes, desires, or values.

Respondents

Individuals who answer questions or provide data as part of a survey or study.

Skew

A measure of the asymmetry of the probability distribution of a real-valued random variable, indicating how much a distribution is shifted or skewed to one side.

Data

Information collected for analysis or used to reason or make decisions.