Reference Group Formation Using The Nearest Neighbor Method

12 Questions

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Group Quizzes & Trivia

Questions and Answers
  • 1. 
    A reference group supports change by providing performance benchmarks against which to demonstrate accountability.
    • A. 

      True

    • B. 

      False

  • 2. 
    An institution needs to create only one reference group to meets all of its strategic planning and management needs.
    • A. 

      True

    • B. 

      False

  • 3. 
    A higher education institution may be compared with other institutions by external parties even if the higher education institution itself does not compare itself to other institutions.
    • A. 

      True

    • B. 

      False

  • 4. 
    Benchmarking is only useful for strategic decision making like developing a five year plan. 
    • A. 

      True

    • B. 

      False

  • 5. 
    What is the major federal source for institutional data on higher education institutions?
  • 6. 
    What are the four types of reference groups identified in the article?
    • A. 

      Political, Peer, Aspirational, and Competitor

    • B. 

      Peer, Predetermined, Jurisdictional, and Political

    • C. 

      Predetermined, Competitor, Athletic, and Peer

    • D. 

      Competitor, Peer, Aspirational, and Political

    • E. 

      None of the above

  • 7. 
    What is the appropriate number of institutions in a peer comparison reference group?
    • A. 

      5 to 10

    • B. 

      11 to 20

    • C. 

      21 to 30

    • D. 

      More than 30

    • E. 

      It depends on the purpose of the group.

  • 8. 
    Who does not typically need to be involved in selecting a reference group?
    • A. 

      Senior decision makers

    • B. 

      Analyst

    • C. 

      Faculty

    • D. 

      Director of Safety

    • E. 

      Student Affairs

  • 9. 
    Which methodology balances knowledge and experience with analytical processes?
    • A. 

      Predetermined

    • B. 

      Mathematical

    • C. 

      Judgmental

    • D. 

      Political

    • E. 

      Nearest Neighbor

  • 10. 
    The Nearest Neighbor methodology in the article identified other institutions in which three categories based on each variable?
    • A. 

      Same, Similar, Different

    • B. 

      Peer, Competitor, Aspirant

    • C. 

      Political, Judgmental, Analytical

    • D. 

      Higher, Similar, Lower

    • E. 

      None of the above

  • 11. 
    What is the first step in forming a reference group?
    • A. 

      Determine the magnitude of difference in selecting a group.

    • B. 

      Present the results and adjust the process.

    • C. 

      Identify measures to use in the analysis.

    • D. 

      Clarify the purpose for developing and using the reference group.

    • E. 

      Determine the type, size, and number of groups that will be formed.

  • 12. 
    What is the final step in forming a reference group?
    • A. 

      Determine the magnitude of difference in selecting a group.

    • B. 

      Present the results and adjust the process.

    • C. 

      Identify measures to use in the analysis.

    • D. 

      Clarify the purpose for developing and using the reference group.

    • E. 

      Determine the type, size, and number of groups that will be formed.