What is ABSOLUTE PERFORMANCE STANDARD?

This is a theory used in quality control that is not achievable in reality. It is used to measure progress towards efficiency.

More On This Topic
  1. Standard Of Care And What It Implies
  2. How To Fire An Employee The Right Way
  3. Is It A Monopoly? Everything You Ever Wanted To Know
  4. What’s the difference between the insanity plea and incompetency?
  5. Nepotism, Cronyism, & Favoritism: Illegal Or Unethical?
  6. Imperialism Definition, Laws, & History: From Rome To Now
  7. Types Of Performance-Enhancing Drugs
  8. Res Ipsa: When Things Speak For Themselves
  9. How To Sue For Wrongful Termination
  10. Three Conditions Required For Respondeat Superior

Related Legal Terms
PERFORMANCE STANDARD, COEFFICIENT OF PERFORMANCE (COP), KEY PERFORMANCE INDICATORS (KPI), MATERIAL QUALITY STANDARD, ABSOLUTE ADVANTAGE, PERFORMANCE EFFICIENCY, PERFORMANCE AUDIT, OPERATING PERFORMANCE RATIO, POLLUTANT STANDARD INDEX (PSI), STANDARD OF LIVING


Link to This Definition
Did you find this definition of ABSOLUTE PERFORMANCE STANDARD helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary