SMART Performance Metrics for Business Innovation & Improvement

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question 1 of 3

Which of these is an example of the Specific principle in product innovation?

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1. What is the purpose of having measurable objectives?

2. Failing to abide by this objective can cause team encouragement and failure:

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About This Quiz & Worksheet

When you answer our quiz questions, you'll quickly assess your understanding of SMART performance metrics for business innovation and improvement. Find out if you remember the purpose of having measurable objectives, an example of the Specific principle and what innovation and improvement efforts in a department should be relevant to.

Quiz & Worksheet Goals

See how well you know the following by taking this quiz:

  • An example of the Specific principle in product innovation
  • What the purpose of having measurable objectives is
  • Which objective can cause team encouragement and failure when employees fail to abide by it
  • What innovation and improvement efforts in a department should be relevant to
  • A good time-based objective for an innovation and improvement department

Skills Practiced

  • Interpreting information - verify that you can read information regarding an example of the Specific principle and interpret it correctly
  • Reading comprehension - ensure that you draw the most important information from the related lesson on SMART performance metrics for business innovation and improvement
  • Information recall - access the knowledge you've gained regarding a good time-based objective for an innovation and improvement department

Additional Learning

Take a look at our lesson titled SMART Performance Metrics for Business Innovation & Improvement if you struggled to answer these quiz questions. Once you finish this lesson, you should be able to:

  • Outline what SMART stands for
  • Give an example of the 'Measurable' principle in innovation
  • Explain what businesses might use the SMART principles for
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