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Which statement is false a. Practical standards are tight but attainable b. Practical standards include reasonable efforts by

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Answer #1

Ans: The statement "Practical Standards usually are allocated at the discretion of the CEO" is False.

Explanation:

Definition- Practical standards are standards that are challenging but achievable through the use of efficient and motivated workers under normal working conditions.

1. It is a standard that can be reached with reasonable efforts by workers.

2. This standard represents an attainable challenge and hence beleived to be most effective due to best performance from workers.

3. Practical standards are "tight, but attainable." They allow for normal machine downtime and employee rest periods and can be attained through reasonable, but highly efficient, efforts by the average worker.

4. A CEOs primary responsibility include, making major corporate decisions, managing operations and resources of the company and communicating with BOD regarding certain issues. A CEO does not have discretion over Practical Standards.

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