Performance indexes:
A) are based on the "iceberg principle."
B) show the relation of one value to another.
C) are used mainly to eliminate lazy salespeople.
D) provide a qualitative measure of what "ought to happen."
E) are calculated from the Consumer Price Index.

Question

Quizplus · Accepted Answer

Performance indexes show the relation of one value to another, such as sales compared to target sales or expenses compared to budgeted expenses. They provide a quantitative measure of performance and can help identify areas for improvement. The other options are not accurate descriptions of performance indexes.

Performance Indexes