Question

An organization's annual turnover was 5% last year. Its target for this year was 4%,

but actual turnover was 7%. What is the organization's performance compared with
its target?
a) 0.57
b) 0.75
c) -1.75
d) -0.01

Answer 1

The organization's actual turnover exceeded its target by 3%, which means the performance was 3% higher than the target. The options provided do not correspond to this calculation, and further clarification may be needed to provide a proper answer.

Step-by-step explanation:

The question asks to compare the organization's actual turnover with its target turnover for the year. The organization's target was 4%, but the actual turnover was 7%. To determine the organization's performance compared to its target, we calculate the difference between the actual turnover and the target turnover. The difference is 7% (actual) - 4% (target) = 3%. This means the organization's turnover was 3% higher than the target. However, the options provided are not expressed in percentage terms, suggesting that perhaps there's a misinterpretation of the options or additional context is needed to choose an appropriate option. Therefore, none of the options (a) 0.57, (b) 0.75, (c) -1.75, or (d) -0.01 correctly represent the calculated difference of 3% in a recognizable form. The question may require clarification or additional information to match the options provided.