Performance measurement
What Performance measurement means in Business GCSE, as defined for AQA.
Definitions of Performance measurement
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Reference: AQA
Objectives provide a basis for measuring success or deciding to change strategy, allowing progress to be reviewed against clear criteria.
Helping managers monitor performance, identify trends and plan for the future.
Topics that use Performance measurement
- Analysing the financial performance of a business (AQA GCSE)
- Setting business aims and objectives (AQA GCSE)
Related terms
- Adaptation to change
- Aim
- Asset and liability classification
- Assets
- Average Rate of Return (ARR)
- Business aim
- Business aims
- Business context and contingency
Using Performance measurement in the exam
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