BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A way of measuring an organization’s progress and how effective and efficient it is at running its business. The absolute performance standard is a benchmark for quality control.
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marketing plan
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promotion plan
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performance standards
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sales forecast
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Explanation:
Detailed explanation-1: -Absolute ratings are a type of performance appraisal method that compares an employee’s performance to the firm’s standards. Instead of comparing coworkers, evaluation is done on an individual basis. These ratings can be established through work sampling research, production data, or expert opinions.
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