In general,it is better for firms to measure and report both and measures of performance in order to capture improvement.

A) breadth;depth
B) relative;absolute
C) scope;sequence
D) statistical;qualitative

Question

In general,it is better for firms to measure and report both ________ and ________ measures of performance in order to capture improvement.

A) breadth;depth
B) relative;absolute
C) scope;sequence
D) statistical;qualitative

Subrina Jahan · Accepted Answer

Final Answer : B, Explanation :  Measuring and reporting both relative and absolute measures of performance helps firms to capture improvement as both measures have their advantages. Relative measures such as market share or return on investment (ROI) allow firms to evaluate their performance in comparison to competitors and industry standards. Absolute measures such as profits or revenue growth provide an accurate picture of the firm's financial health and progress over time. Using both types of measures will help firms to identify areas for improvement and track their progress towards achieving their goals.

In general,it is better for firms to measure and report both and measures of performance in order to capture improvement.

A) breadth;depth
B) relative;absolute
C) scope;sequence
D) statistical;qualitative

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Learning Objectives

Learning Objectives

Related questions

In general,it is better for firms to measure and report both ________ and ________ measures of performance in order to capture improvement.A) breadth;depthB) relative;absoluteC) scope;sequenceD) statistical;qualitative

Definitions

Learning Objectives

Learning Objectives

Related questions

In general,it is better for firms to measure and report both and measures of performance in order to capture improvement.

A) breadth;depth
B) relative;absolute
C) scope;sequence
D) statistical;qualitative