Which of the following statements is true of a standard?
A) A standard may have to be changed if it does not help in achieving company goals.
B) A company's standard must always be the same as its competitors'.
C) A standard should not align with employees' actual performance.
D) A standard can be determined only by benchmarking other companies.

Question

Quizplus · Accepted Answer

A standard should be reviewed and revised if necessary to ensure that it is helping the company achieve its goals. It is not necessary for a company's standard to be the same as its competitors' and benchmarking is not the only way to determine a standard. A standard should align with employees' actual performance to be effective.

Which of the Following Statements Is True of a Standard