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Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
The Goal-Attainment Approach determines organizational effectiveness by determining the degree to which a firm achieves the goals it has established. This model has a broad scope and calls for a quantitative evaluation of a firm's profit and productivity maximization, its shareholder value and its social and environmental impact. [3]
In military science, effectiveness is a criterion used to assess changes determined in the target system, in its behavior, capability, or assets, tied to the attainment of an end state, achievement of an objective, or creation of an effect, [9] while combat effectiveness is: "...the readiness of a military unit to engage in combat based on ...
The International Initiative for Impact Evaluation (3ie) defines rigorous impact evaluations as: "analyses that measure the net change in outcomes for a particular group of people that can be attributed to a specific program using the best methodology available, feasible and appropriate to the evaluation question that is being investigated and ...
Overall combat effectiveness or combat power is the product of a forces strength and the combat effectiveness of that force. Combat effectiveness explains how a numerically weak force can prevail over another that is much stronger. I also explains how relatively small units can have a significant impact on the outcome of a conflict.
The news comes as some state leaders want to move from paying teachers based on their experience to based on their performance.
The Healthcare Effectiveness Data and Information Set (HEDIS) is a widely used set of performance measures in the managed care industry, developed and maintained by the National Committee for Quality Assurance (NCQA). HEDIS was designed to allow consumers to compare health plan performance to other plans and to national or regional benchmarks.
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