Question

There is an old adage that says "If you can’t measure it, you can’t manage it". Managers who want to measure and track their organization’s performance will frequently use __________ to evaluate their company’s progress toward goals.

Answer 1

The question is incomplete:

There is an old adage that says "If you can’t measure it, you can’t manage it". Managers who want to measure and track their organization’s performance will frequently use __________ to evaluate their company’s progress toward goals.

A)Statistics

B)Dashboards

C)Key performance indicators

D)Budget indices

Answer:

Key performance indicators

Explanation:

-Statistics refer to data that is used to analyze a specific situation.

-Dashboards refer to a tool that is used to visualize information to be able to monitor it for a specific purpose.

-Key performance indicators refer to measurements that are used to evaluate if an organization is achieving its goals.

-Budget indices are measurements to analyze budget against actual expenses.

According to this, the answer is that managers who want to measure and track their organization’s performance will frequently use key performance indicators to evaluate their company’s progress toward goals because these allow to track the results the company is having to make sure that it is  going to reach its objectives.