Asked by Nazwa Al-Sayeed on Jun 30, 2024
Verified
When monitored, activity-based performance measures can provide managers with feedback on their:
A) budgets.
B) targets.
C) performance.
D) initiatives.
Activity-based Performance Measures
Metrics that evaluate the efficiency and effectiveness of specific actions or processes within an organization.
Feedback
Feedback is information provided about the result of an action or process, which can be used for further improvement and adjustment.
- Grasping the importance and the method of monitoring activity-based performance measures.
Verified Answer
RR
Rylee RodriguezJul 04, 2024
Final Answer :
C
Explanation :
Activity-based performance measures are designed to track and monitor the actual performance of specific activities or processes within an organization. By measuring performance against established targets or benchmarks, managers can gain valuable feedback on how their teams are performing and identify areas for improvement. This information can be used to make more informed decisions about how to allocate resources, set budgets, and develop new initiatives, all with the ultimate goal of improving overall organizational performance. While budgets, targets, and initiatives are all important factors to consider, activity-based performance measures are specifically designed to provide feedback on performance.
Learning Objectives
- Grasping the importance and the method of monitoring activity-based performance measures.
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