The focus on performance measurement is a recent event. A benchmark combines two or more metrics into a single indicator. (select all that apply)

Question

BlackTom AI · Accepted Answer

Let’s parse the two statements and the context of performance measurement and benchmarking.

Option 1: “Neither statement is true.” If this is accurate, it means both statements about performance measurement being a recent focus and about benchmarks being composite indicators are false. 
- On the topic of the focus on performance measurement: the idea of measuring performance is not a recent development. Performance metrics have been used for a long time in various sectors (business, manufacturing, education, public sector, etc.), with formal methods like productivity measurements and quality metrics existing well before the modern era. Therefore claiming that focus on performance measurement is a recent event would generally be incorrect. 
- On the topic of benchmarks: a benchmark is traditionally understood as a standard or point of reference used for comparison. While some benchmarks may be composite, the typical definition does not require that a benchmark must combine two or more metrics into a single indicator. A benchmark can be a single metric as well as a composite reference. Therefore the statement that a benchmark “combines two or more metrics into a single indicator” is not universally true and can be misleading. 
If both individual statements are not accurate in their general meaning, saying that neither is true could be consistent with a nuanced or corrected understanding of these terms.

Option 2: “Statement 2 is true.” This would assert that a benchmark inherently combines multiple metrics into one indicator. While composite indicators exist (e.g., index scores that aggregate several metrics), a benchmark as a reference standard does not inherently require combining metrics. The general definition is a standard for comparison, which can be a single metric or a collection, but not necessarily a single composite indicator. This option relies on a stricter interpretation of benchmarks as always being composite, which is not universally correct.

Option 3: “Statement 1 is true.” This would claim that the focus on performance measurement is a recent event. As noted earlier, performance measurement has a long historical presence across domains, so labeling it as a recent focus is misleading. This option would be incorrect based on the historical perspective of performance metrics.

In summary, evaluating the common definitions and usage:
- The historical use of performance measurement challenges the idea that it is a recent focus, so Statement 1 is not true in a broad sense.
- The definition of a benchmark does not obligate it to be a composite of multiple metrics; while composite benchmarks exist, benchmarks can be single metrics as well, so Statement 2 is not universally true.

Therefore, the combination of these analyses supports that the claim in Option 1 (Neither statement is true) is the most consistent with standard understandings of performance measurement history and benchmark definitions.

Note: If you’re studying a specific textbook or course material, double-check how they define bench-marking and composite indicators, since some curricula may emphasize particular nuances or examples where a benchmark is described as a composite metric. In such contexts, the options might align differently with that instructional framing.

BUSML 3380 AU2025 (2039) Final Exam Practice Problems

The focus on performance measurement is a recent event. A benchmark combines two or more metrics into a single indicator. (select all that apply)

View Explanation

Log in for full answers

Similar Questions

When a manager compares performance against foodservices outside of his/her organization, this is known as:

True or False? External benchmarking is when managers compare performance of operations within the same organization.

What is a process of continuously measuring system results, comparing those results to optimal system?

Blank ______ is a process of continuously measuring system results, comparing those results to optimal system.

Comparing one company's performance against that of other companies in the same industry or against best practices, standards, or certification criteria is called ________.

The process by which an organization compares its own practices to those of the competition is called .

A goal (or expected result) is an example of a

The focus on performance measurement is a recent event. A benchmark combines two or more metrics into a single indicator. (select all that apply)

More Practical Tools for International Students

Exam Browser Assistant

Stylized Writing Assistant

Plagiarism Checker Assistant

Citation Assistant

In-Class Translation Assistant

Class Notes Assistant

Quiz Search Assistant

Past Exam Questions by School

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler