Which of the following is true of setting performance standards for small businesses?
A) A good set of standards must not allow time for delays.
B) Estimates by experienced people are used to set performance standards.
C) It is easier to set performance standards for mental work than for physical work.
D) Many precise tools are available to establish standards for measuring performance.

Question

Quizplus · Accepted Answer

Setting performance standards for small businesses often involves using estimates by experienced employees or industry benchmarks, rather than relying on precise tools for measuring performance. It can be difficult to set standards for physical work due to variations in tasks and individual capabilities. Time for delays or unforeseen issues should also be considered when setting standards.

Which of the Following Is True of Setting Performance Standards