According to the Text,the Goal of a Good Performance Evaluation

question 4

Multiple Choice

According to the text,the goal of a good performance evaluation system is to provide metrics that are:

• A)Understandable,easy to measure,focused on value-added results
• B)Understandable,quantitative,focused of cost-related results
• C)Understandable,qualitative,focused on performance-related results
• D)Understandable,quantitative,focused on quality-related results

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Definitions:

Differentiating

The process of making a product or service stand out from competitors in the market by emphasizing unique features or benefits.

White Space

Areas of potential opportunity where a company can innovate or market in ways not currently being exploited, often leading to new products or services.

Niche Markets

Segments of a larger market defined by their unique preferences, needs, or identity, often overlooked by larger competitors.

Intangible Assets

Non-physical assets such as patents, copyrights, trademarks, and brand reputation that have economic value to a business.