0
Sign in to be notified when this answer changes. You'll also enjoy the full benefits of being part of the Answers.com community.
Your contribu
What else can I help you with?
Some states are required to balance their budget. Is the measure stabilizing or destabilizing?
Yes
What is a commonly used measure of productivity?
One commonly used measure of productivity is output per hour worked, also known as labor productivity. It measures the amount of output produced per unit of labor input. This measure helps businesses and economists assess efficiency and overall economic performance.
Why are performance indicators used in the army?
Performance indicators are used in the army to evaluate and monitor the effectiveness and efficiency of operations, to assess the progress towards achieving objectives, to identify areas for improvement or intervention, and to provide a basis for decision-making and resource allocation. They help leaders to track and measure performance, make informed decisions, and ensure that goals and standards are met.
What are some of the tools used by organizations to measure their service culture?
Organizations can use tools like employee surveys, customer feedback systems, service assessments, and performance metrics to measure their service culture. These tools help evaluate employee attitudes, customer satisfaction levels, service quality, and overall organizational performance in delivering exceptional service.
Why viscometer is used?
A viscometer is used to measure the viscosity of a fluid, which is its resistance to flow. This measurement is important in various industries such as food processing, pharmaceuticals, and manufacturing, where the viscosity of a fluid can affect product quality and performance. By using a viscometer, manufacturers can ensure consistency in their products and adjust formulations as needed.
How is the flexible budget information used to evaluate performance?
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
How is the flexible budget report information used to evaluate performance?
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
How do you measure your own performance in sales?
Benchmarking is a commonly used method in measuring performance.
How do you measure company performance?
You can measure a company's performance by assessing their financial position. There are many financial ratios that can be used to see if a company is performing.
Who uses budgets?
Budget is primarily used by management team to ensure that plans are done and achieved. Secondly budget can be used by employees to understand where they are going. Thirdly budget can be used by outside members who wish to learn, or can be used by competitors to measure efficiency.
What should be used in an organization's budget program?
To help managers plan and control the organizations performance
What is budget variance?
A budget "variance" is the difference between planned and actual performance.
What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
What can be used for predicting program obligation performance and funding requirements and identifying potential budget execution problems.?
Spending Plan
What are the five components of a marketing plan?
The five components of a marketing plan typically include the executive summary, market analysis, marketing strategy, budget, and performance evaluation. The executive summary provides an overview of the plan, while the market analysis assesses the target audience and competition. The marketing strategy outlines the tactics and channels to be used, and the budget details the financial resources allocated. Finally, the performance evaluation establishes metrics to measure the effectiveness of the marketing efforts.
What is public relations KPI?
An indicator that is used to measure the performance of the Public Relations Department or Manager
Why budget performance is a better criterion than past performance for judging managers?
Budget performance is a better criterion for judging managers because it reflects their ability to effectively plan and allocate resources in alignment with organizational goals. Unlike past performance, which may be influenced by external factors beyond a manager's control, budget performance directly assesses a manager's decision-making and operational efficiency. Additionally, focusing on budget performance encourages accountability and proactive management, driving continuous improvement and strategic alignment within the organization.
