CA Foundation Exam  >  CA Foundation Questions  >  The performance of business in the Public sec... Start Learning for Free
The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD?
Most Upvoted Answer
The performance of business in the Public sector is measured by? (A) P...
Introduction:
Performance evaluation is an essential aspect of every business in the public sector. It helps to determine the effectiveness of the organization's policies, strategies, and operations. The performance of business in the public sector can be measured by various factors.

Factors that measure performance in the Public sector:

1. Customer satisfaction: The public sector businesses need to ensure that they provide the best services to their customers. Customer satisfaction is a crucial factor in determining the performance of these businesses. The satisfaction of customers is measured through feedback surveys, ratings, and reviews.

2. Profitability: Profitability is another factor that measures the performance of businesses in the public sector. Profitability is determined by the revenue generated by the business minus the cost of operations. A profitable business indicates that it is efficient in its operations.

3. Number of employees: The number of employees is also a factor that measures the performance of businesses in the public sector. The number of employees can indicate the level of productivity and efficiency of the business.

4. The salary of BOD: The salary of the Board of Directors (BOD) is not a direct measure of the performance of businesses in the public sector. However, it can indirectly indicate the efficiency of the business. If the salary of the BOD is high, it can indicate that the business is profitable and efficient.

Conclusion:
In conclusion, the performance of businesses in the public sector can be measured by various factors, including profitability, customer satisfaction, number of employees, and the salary of the BOD. These factors can help to determine the effectiveness of the organization's policies, strategies, and operations. It is essential for businesses in the public sector to continuously evaluate their performance to ensure their sustainability.
Community Answer
The performance of business in the Public sector is measured by? (A) P...
Customer satisfaction
Explore Courses for CA Foundation exam
The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD?
Question Description
The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD?.
Solutions for The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD? defined & explained in the simplest way possible. Besides giving the explanation of The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD?, a detailed solution for The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD? has been provided alongside types of The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD? theory, EduRev gives you an ample number of questions to practice The performance of business in the Public sector is measured by? (A) Profitability (B) Customer satisfaction (C) Number of employees (D)The salary of BOD? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev