Describe the processes you would use to analyze performance variances and make corrective adjustments. What types of performance variances would be most concerning to you.

Assignment Question

instructions Monitoring Performance Briefly describe how you will monitor performance when implementing the business plan. This section should include two subsections:

Key Performance Metrics: Identify no fewer than three key metrics and performance ratios you will use to monitor and evaluate performance and success when implementing the business plan. Identify the specific tracking methods that you will use and how frequently you will monitor and report on these metrics.

Variances and Corrective Adjustments: Describe the processes you would use to analyze performance variances and make corrective adjustments. What types of performance variances would be most concerning to you.

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