Asked by oluwatosin babalola on May 08, 2024
Verified
Metrics that are later in the value chain are normally considered to be _____ indicators.
A) value chain
B) leading
C) lagging
D) balanced
Value Chain
A model that describes the full range of activities needed to create a product or service, from initial conception through the different phases of production to the delivery to consumers.
Leading Indicators
Economic factors that change before the economy starts to follow a particular pattern or trend, used to predict future movements.
Lagging Indicators
Economic indicators that usually change after the economy as a whole does, thus confirming long-term trends.
- Recognize primary and secondary indicators in evaluating performance.
Verified Answer
Learning Objectives
- Recognize primary and secondary indicators in evaluating performance.
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