Categories of performance standards include time, output, cost and quantity.

Question

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Performance standards are often categorized into different types such as time (how quickly or by when a task should be completed), output (the amount of work produced), cost (budgetary constraints or financial targets), and quantity (the number of items to be produced or tasks to be completed), among others, to effectively measure an employee's or a system's performance.

Categories of Performance Standards Include Time, Output, Cost and Quantity