Performance Analysis

question 121

Multiple Choice

Performance analysis:

• A) is based on qualitative factors, as contrasted with sales and cost analysis which are based on quantitative data.
• B) is most useful in situations where the iceberg principal is not likely to be a concern.
• C) indicates why problems have occurred and how to solve them.
• D) may be based on several different performance indexes.
• E) All of the above are true.

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Definitions:

Defense Mechanisms

Psychological strategies used unconsciously to protect oneself from anxiety or unacceptable thoughts and feelings.

Neuroses

Refers to a range of psychological disorders characterized by anxiety, depression, or other feelings of unhappiness or distress that are out of proportion to the circumstances of a person's life.

Self-Deceptive Techniques

Self-deceptive techniques are psychological strategies individuals use to deny or rationalize their own behavior, thoughts, and feelings to protect their self-esteem or avoid facing uncomfortable truths.

Psychosis

A mental disorder characterized by a disconnection from reality, which might include delusions, hallucinations, and disordered thinking.