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discuss the most frequently used measures of organisational performance?
yes! it measures productivity in the workplace
performance measurement is quantify either qualitatively or quantitatively input output or level of activity. performance management is action a based on performance measures and reports, which result to improving behaviour, motivation and process.
—Formal systems include explicit rules, procedures, performance measures, and incentive plans that guide the behavior of its managers and other employees —Informal systems include shared values, loyalties, and mutual commitments among members of the company, corporate culture, and unwritten norms about acceptable behavior
metrics are derived measures which gives quantitative evaluation about the activity.Eg: effort variance, training effectiveness, customer satisfaction index, defect density etc. Quality assuance will be based on training, objectively evaluating, and evaluating quantitative measurements of the project. the main metrics for quality assurance are Nc analysis, NC age, training effectiveness,meeting slippage etc.
Business statistics are quantitative measures that help managers make better decisions. Managers use statistics to make decisions about products and employees.
Quantifiable Performance Measures
Failure happens when managers do not manage to measure, do not coach employees, do not support the system, do not negotiate measures and goals, and do not help design performance improvement plans.
The measures can be either quantitative or qualitative, or a mixture of both.
through quantitative measures like CRR , Bank Rate Policy and Open Market Operations and Qualitative measures like Moral Suasion, Marginal Safety Requirements, Rationing Credit etc
The data type that measures the outcome of a study is quantitative data.
quantitative
Explain various performance measures of disks.
From management point of view the balanced MIS is an approach to performance measurement that combines traditional financial measures with non-financial measures to provide managers with richer and more relevant information about activities they are managing.
this the reason no one ans that one
Controllable profit measures managerial performance Divisional profit measures divisional performance.
discuss the most frequently used measures of organisational performance?