Business Studies, asked by panchammannaaj, 19 days ago

difference between actual performance and standard performance?

Answers

Answered by sweetysinghal7109
1

Answer:

Setting performance standards: Managers must translate plans into performance standards. These performance standards can be in the form of goals, such as revenue from sales over a period of time. ... Measuring actual performance: If performance is not measured, it cannot be ascertained whether standards have been met.

Answered by Pushpmala
4

ANSWER :

Setting performance standards: Managers must translate plans into performance standards. These performance standards can be in the form of goals, such as revenue from sales over a period of time. The standards should be attainable, measurable, and clear.

Measuring actual performance: If performance is not measured, it cannot be ascertained whether standards have been met.

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