The Use of Quantitative Tools to Gauge an Organization's Performance

question 57

Multiple Choice

The use of quantitative tools to gauge an organization's performance in relation to a specific goal or an expected outcome is known as

• A)responsibility accounting.
• B)an asset turnover.
• C)a performance center.
• D)a performance measurement.

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Definitions:

Great Lakes

A group of five large, interconnected freshwater lakes on the border between the United States and Canada, comprising Lakes Superior, Michigan, Huron, Erie, and Ontario.

McCulloch V. Maryland

A landmark Supreme Court case in 1819 that established the principle of national supremacy and the constitutionality of a federal bank.

Necessary And Proper Clause

A provision in the U.S. Constitution granting Congress the power to pass all laws necessary and proper for carrying out its enumerated powers.

Constitution

The fundamental law or set of principles by which a state or organization is governed, outlining the structure of government and the rights of the citizens.