Dear Tutor,
I have a questions with Q4's answer:
1) What does it mean by
"the use of league tables only measures relative performance. The best force in the table could still be producing an unacceptable performance in absolute terms"
I do not understand this sentence, what does 'relative performance' and 'absolute term' mean? Furthermore, I have seen terms like 'absolute amount', 'absolute figure' in other past papers, what does it mean by 'absolute'?
Thank you in advance.
Ask the Tutor ACCA APM
December 2013 Past year paper
Think of a class of 6 children. Their exam results will a?ow you to rank them : 1st, 2nd...6th. This is their relative perfperformamce ie how they perform relative to others.
However, they could still all fail the exam. Eg pass mark 50%, but they score 30, 28, 25, 20, 18, 10. Their absolute performamce, (for all of them here) is unsatisfactory.
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