Tag Archives | Measurement

Benchmarking

Benchmarking is defined "as the continuous, systematic process of measuring ones output and/or work processes against the toughest competitors or those recognized best in the industry." Benchmarking is an approach of setting goals and measuring productivity based on best industry practices. Benchmarking helps in improving performance by learning from best practices and the processes by which they are achieved. Learn [...]

By |2020-07-06T17:43:33+05:30July 6, 2020|Benchmarking|Comments Off on Benchmarking

How to Measure Risk? (With Formula)

This article throws light upon the top four methods of measurement of risk. The methods are: 1. Range Analysis 2. Probability Distribution 3. Standard Deviation 4. Coefficient of Variation. Method # 1. Range Analysis: Where different returns from an asset are possible under different circumstances, more than one forecast of the future returns may be made. These returns may be [...]

By |2016-06-22T16:17:23+05:30June 22, 2016|Risk and Return|Comments Off on How to Measure Risk? (With Formula)
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