Quantitative measures of managerial success, such as production targets or quotas, are highly foolproof and are thus ideal to use in raising economic efficiency.

Question

Quizplus · Accepted Answer

Quantitative measures of managerial success, such as production targets or quotas, may not always capture the full picture of a manager's effectiveness. It is possible for a manager to achieve their targets by sacrificing quality, employee well-being, or other important aspects of the business. Therefore, relying solely on quantitative measures can lead to unintended consequences and may not necessarily result in improved economic efficiency.

Quantitative Measures of Managerial Success, Such as Production Targets or Quotas