Cutting defects from 10 in every 1,000 pieces to 5 in every 1,000 by quarter end is an example of a:
AVague qualitative statement
BExternal market condition
CEmployee resistance issue
DPrecise quantitative standard
Answer & Solution
Correct answer: D. Precise quantitative standard
1. The target is stated in numbers.
2. That makes comparison easy.
3. It is a precise quantitative standard.
_Source: syllabus Business Studies Part I, Chapter 8, Controlling._
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