absolute performance standard

A Dictionary of Business and Management | Date: 2006

absolute performance standard A standard set at the theoretical limit of performance. For example, in manufacturing, the theoretical quality standard of ‘zero defects’, which it is impossible to improve on, might be set as the absolute performance standard. Such standards may be achievable in practice or may form an ideal against which an organization may judge its progress.


© A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006.

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