Performance measurement is the use of quantitative tools to gauge an organization's performance in relation to a specific goal or an expected outcome.

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Quizplus · Accepted Answer

This statement accurately describes performance measurement. It involves using quantitative measures to assess how well an organization is achieving its desired objectives or outcomes. This process involves setting clear targets, collecting data on relevant metrics, analyzing results, and making adjustments as necessary to continuously improve performance.

Performance Measurement Is the Use of Quantitative Tools to Gauge