The performance measurement point located sufficiently early in an activity to allow any corrective actions to be taken to accomplish the objective is known as:
A) The standard.
B) Management by exception.
C) The strategic control point.
D) Management by objectives.

Question

Quizplus · Accepted Answer

The strategic control point is located early enough in an activity to allow for corrective actions to be taken if needed. The standard is a level of quality or achievement used as a benchmark to measure performance. Management by exception is a technique in which attention is given only to activities that deviate from the plan. Management by objectives is a process of defining specific objectives within an organization to guide its activities and decision making. None of these options specifically refer to a measurement point early enough to take corrective actions.

The Performance Measurement Point Located Sufficiently Early in an Activity