Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Whats the difference between a “metric” and “standard”?

difference metric standard
0
Posted

Whats the difference between a “metric” and “standard”?

0

In the context of this project, a “standard” is a required practice or performance score (e.g., a specific irrigation method, a pesticide residue level, etc.). A “metric” defines how to measure performance without imposing a required score or practice (e.g., acre-feet of water applied, energy use per yield, etc.). Standards are valuable for identifying business partners that can achieve a specified level of performance, but they may provide little incentive to improve above the standard and may leave out firms below the standard. This project will develop metrics, not standards.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123