Which of the following represents quantitative standards?
(a) Improving goodwill (b) Time to be spent in performing a task
(c) Improving the motivation level of employees (d) None of these
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The time to be sent in performing a task is a quantitative standard.
Quantitative standards are the standards that can be measured in units or in any term. Thus the time taken to complete a particular job or a task can be evaluated easily.
For example, if labor produces a product in 5 hours initially but with time and experience, he can do the same job in 3.5 hours.
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The correct answer is OPTION B: Time to be spent in performing a task.
- Standards are the benchmarks by which real performance is measured.
- It is possible to develop both quantitative and qualitative standards.
- Quantitative requirements include costs to be incurred, product units to be produced, time spent doing an activity, and so on.
- Increased staff motivation and goodwill are examples of qualitative standards.
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