Measures that monitor the progress towards the organisation's goals are called:
A) lead indicators.
B) lag indicators.
C) benchmark indicators.
D) progress indicators.

Question

Quizplus · Accepted Answer

Lag indicators are measures that track the results of past actions and determine whether the organisation is achieving its goals. They are often financial metrics or key performance indicators (KPIs) that are used to evaluate the success of business strategies. Lead indicators, on the other hand, are proactive measures that provide early indications of performance trends and can help the organization make informed decisions to achieve its goals. Benchmark indicators are used to compare the organization's performance with that of its competitors or industry standards. Progress indicators are broad measurements of progress that do not necessarily track specific goals.

Measures That Monitor the Progress Towards the Organisation's Goals Are