Asked by oluwatosin babalola on May 08, 2024

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Metrics that are later in the value chain are normally considered to be _____ indicators.

A) value chain
B) leading
C) lagging
D) balanced

Value Chain

A model that describes the full range of activities needed to create a product or service, from initial conception through the different phases of production to the delivery to consumers.

Leading Indicators

Economic factors that change before the economy starts to follow a particular pattern or trend, used to predict future movements.

Lagging Indicators

Economic indicators that usually change after the economy as a whole does, thus confirming long-term trends.

  • Recognize primary and secondary indicators in evaluating performance.
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Verified Answer

AQ
Ayesha QayyumMay 13, 2024
Final Answer :
C
Explanation :
Metrics that are later in the value chain are considered to be lagging indicators because they measure outcomes of past actions rather than predicting future performance.