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:

Doomsday Machine

A hypothetical construct, often used in discussions of nuclear strategy, that can automatically trigger an annihilating response if a nation is attacked.

Preemptive Nuclear Attack

A nuclear strike launched with the belief that an enemy is about to carry out a nuclear attack.

Credible Threat

A concept in game theory where a threat or strategy is believable and likely to be carried out by a player.

Evolutionary Stable Strategy

A strategy in game theory that, if adopted by a population in a competitive environment, cannot be invaded by any alternative strategy due to its superior success.