GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which activity would be classified as leading?
A
Assigning managers tasks for the sales promotion
B
Keeping company employees on course to accomplish goals
C
Setting company objectives and targets
D
Setting company performance and quality measures
Explanation: 

Detailed explanation-1: -Financial, Customer, Internal Business Process, and Learning and Growth.

Detailed explanation-2: -Quality performance measures seek to measure the degree to which evidence-based treatment guidelines are followed, where indicated, and assess the results of care. The use of quality measurement helps strengthen accountability and support performance improvement initiatives at numerous levels.

Detailed explanation-3: -Examples include balanced scorecards, ISO standards and industry dashboards. Key performance indicators (KPIs) are at the heart of any system of performance measurement and target-setting.

Detailed explanation-4: -It is a systematic approach to collecting, analyzing and evaluating how “on track” a project/program is to achieve its desired outcomes, goals and objectives. Performance measurement is typically done by an organization to demonstrate accountability, support decision making and improve processes.

There is 1 question to complete.