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16. Performance reports are useful only to the extent that performance is measured against
| a. | a meaningful benchmark. |
| b. | the performance of all other units or managers. |
| c. | the budget as adopted for the period. |
| d. | competitors’ achievements. |
Expert Answer
a.A meaningful benchmark.
A benchmark sets the desired standard to be acheived by the managers. Performance reports will yield a good results if they are measured against a meaningful benchmark.
