Chpt 12 - Performance measurement -
Big picture questions with actual
answers.
Which of the following statements about a well-designed performance measurement system is true?
Question 1 options:
a)
It includes measures that are related to the goals of the organization.
b)
It includes measures that primarily focus on immediate short-term concerns.
c)
It includes measures that are mostly qualitative and require judgment.
d)
It includes measures that are easily attainable to allow for positive morale. ANS -A
A company's reward system is most effective at achieving the desired business outcomes if it does which
of the following?
Question 2 options:
a)
It links incentives to factors that go beyond the strategic plan.
b)
It includes both monetary and non-monetary rewards linked to both individual and corporate
performance.
c)
It bases the incentives and rewards of all employees on achieving departmental annual objectives.
d)
It is closely tied to the growth of the company's stock price. ANS -B
Big picture questions with actual
answers.
Which of the following statements about a well-designed performance measurement system is true?
Question 1 options:
a)
It includes measures that are related to the goals of the organization.
b)
It includes measures that primarily focus on immediate short-term concerns.
c)
It includes measures that are mostly qualitative and require judgment.
d)
It includes measures that are easily attainable to allow for positive morale. ANS -A
A company's reward system is most effective at achieving the desired business outcomes if it does which
of the following?
Question 2 options:
a)
It links incentives to factors that go beyond the strategic plan.
b)
It includes both monetary and non-monetary rewards linked to both individual and corporate
performance.
c)
It bases the incentives and rewards of all employees on achieving departmental annual objectives.
d)
It is closely tied to the growth of the company's stock price. ANS -B