A Testable Strategy Is Defined as

question 75

Multiple Choice

A testable strategy is defined as

• A) a strategy that can be implemented.
• B) a set of profit goals.
• C) a set of linked objectives aimed at an overall goal.
• D) a strategy that is verifiable.

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Definitions:

Gainsharing

A program where employees receive financial rewards based on the performance improvement or cost-savings achievements of their work group.

Productivity

The measurement of efficiency of production, especially in terms of output per unit of input.

Cost Savings

The reduction in expenses achieved through efficiency improvements, negotiation, or eliminating wasteful practices.

Productivity Measurement

The process of determining the efficiency of production of goods or services, typically by comparing input resources to output.