Management Glossary

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baseline
A measurement of the efficiency and/or effectiveness of current policies and/or practices that is used as a basis of comparison to evaluate the success of changes to those policies and/or practices and/or to analyze trends over time. The value measured can be anything that the organization considers to provide a relevant assessment of success, such as revenue, profit, labor productivity, etc.
Contributed by: Managerwise Staff
See: productivity

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