Definition of Performance standard:
Benchmark against which actual performance is measured.
How to use Performance standard in a sentence?
- In order for the bank to meet internal goals related to obtaining new accounts a performance standard has been instituted to ensure the process flow is followed.
- If a company wants to succeed, they must have a strict performance standard that is maintained through employee evaluations where discipline is taken for those who are inadequate.
- Once the new management came in, quality control suffered and both employees and customers saw the performance standard dropped considerably.
Meaning of Performance standard & Performance standard Definition