Results standards

Term · Insurance and risk management · MLC-T-INS-002922

Performance metrics that measure the final outcomes or effects of an organization's actions, rather than the activities performed. In risk management, these standards focus on quantifiable consequences such as the frequency of accidents, the severity of losses, or the number of product liability claims. These are contrasted with activity standards, which track the completion of tasks like safety inspections or employee training sessions.

Table 1. Record
Identifier	MLC-T-INS-002922
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-002922",
  "term": "Results standards",
  "field": "Insurance and risk management",
  "definition": "Performance metrics that measure the final outcomes or effects of an organization's actions, rather than the activities performed. In risk management, these standards focus on quantifiable consequences such as the frequency of accidents, the severity of losses, or the number of product liability claims. These are contrasted with activity standards, which track the completion of tasks like safety inspections or employee training sessions.",
  "url": "https://mlchart.com/terminology/insurance/results-standards/"
}

Record 2,961 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.