Absolute Performance Standard

  

How'd we do? That's it. How'd we perform? That's what this term is all about. It tries to measure productivity inside of an org. Like...yes, it grew sales of drones 100% this year. But the market expanded 500%. So on an absolute basis, we performed well, but relative to our market, we sucked. We could drone on and on about this one, but we won't.

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Finance: What are lenders?27 Views

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finance a la shmoop what are lenders is that a bagel company hmm okay well maybe

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it doesn't matter here lenders are the people and institutions

00:11

and countries who loan money banks are lenders they loan money for small [woman walks into bank]

00:16

business for big business and well everything in between

00:18

banks are big lenders they generally focus on large amounts for big

00:22

corporations and take their spread then you have savings and loans well they're

00:27

smaller more intimate local cousins of the banks and they focus on local loans

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like your local flower shop needs 25 grand in credit but lenders also sell a [flowers in a store]

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special kind of loan a mortgage for when you want to buy a home and the interest

00:42

on mortgages is distinctively tax-deductible your big brother can also

00:46

be a lender that hundred bucks he loaned you yeah is not like the hundred that [sister approaches big brother]

00:51

grandmama quote loaned you unquote ie Big Brother's long does not just get

00:56

naturally forgotten his alone carries interest in newgy penalties when it's [fist appears as sister smiles]

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not paid back to lenders it's people who loan money lending loaning got in there

01:06

kind of related [sister being nuggied]

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Finance: What is Relative Return?
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