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Exam Bank for Performance Management- Questions and Correct Answers Latest Update 2024

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Exam Bank for Performance Management- Questions and Correct Answers Latest Update 2024 the use of technology such as web benefits - Answers it can reduce the administrative burden of performance appraisal and improve the accuracy of performance reviews performance appraisal is - Answers an administrative duty performed by managers and was primarily the responsibility of the hr function properly conducted appraisals - Answers help identify the strongest and weakest employees perfomance management - Answers the process through which managers ensure that employees activities and outputs are congruent with the organizations goals perfomance management system (PMS) - Answers three parts: defining performance, measuring performance, and pervading back performance information perfomance appraisal - Answers the process through which an organization gets information on how well an employee is doing on his or her job performance feedback - Answers the process of providing employees information regarding their performance effectiveness (may also include rewards through compensation such as merit increases or bonuses). first step in performance management - Answers Starts with understanding and identifying important performance outcomes or results, these outcomes or results benefit customers, employees, and peers. second step in performance management - Answers Involves understanding the process or how to achieve the goals established in the first step, includes identifying measurable goals, behaviors, and activities that will help the employee achieve the results step three in performance management - Answers Involves providing employees with training, necessary resources and tools, and frequent feedback communication between the employee and manager focusing on accomplishments as well as issues and challenges step four in performance management - Answers Involves performance evaluation, that is when the manager and employee discuss and compare the targeted performance goal and supporting behaviors with the actual results how to make formal evaluation effective - Answers by engaging in frequent performance conversations with employees rather than wait for the formal annual review step five in performance management - Answers the Employee and manager identifying on what they can do to capitalize on strengths and weaknesses step six in performance management - Answers Provide consequences to performance results for achieving or failing to achieve What are the steps in Performance Management Process? - Answers define performance outcomes for company,division, and department, develop employee goals behavior, and actions to achieve outcomes, provide support and on going performance discussions, evaluate performance, identify improvements, and provide consequences to results the purpose of performance management (three kinds) - Answers strategic, administrative, and developmental strategic purpose - Answers should link activities with the organizations goals, strategies are implemented through defining results, behaviors and to some other extent employee characteristics that are necessary for carrying out that strategy administrative purpose - Answers organizations use Pm in many admin decisions, salary administration (pay raise), promotions, retention-determination, layoffs and recognition of the individual developmental purpose - Answers third purpose of pm is to develop employees who are effective at their jobs, when employees are not performing well pm seeks to improve their performance performance management system identifies not only any deficient aspects of employees but - Answers the cause of the deficiencies for example a skill or motivational problem that will hold the employee back when confrontations arise during the developmental purpose managers tend to - Answers believe this strains everyday working relationships, thus giving high ratings to all employees enables a manager to minimize conflicts but this purpose is then not fully achieved performance measures criteria includes - Answers strategic congruence, validity, reliability, acceptability, and specificity strategic congruence - Answers Is the extent to which a performance management system elicits job performance that is consistent with the organization's strategy, goals, and culture companies like coco-cola, HP, and Fed Ex have introduced measures such as critical success factors, CFS are - Answers Factors in a companies business strategy that give it a competitive edge one challenge that companies face are - Answers Measuring customer loyalty, employee satisfaction and other nonfinacial performance measures that affect profitability Validity - Answers The extent to which a performance measure assesses all the relevant- and only the relevant aspects of job performance For performance to be valid it must be - Answers It must not be deficient or contaminated Validity is concerned with maximizing - Answers the overlap between actual job performance and the measure of job performance A performance measure is deficient if - Answers It does not measure all aspects of performance A contaminiated measure - Answers Evaluates irrelevant aspects of performance or aspects that are not job related. The performance measure should seek to minimize contamination, but its complete elimination is seldom possible Reliability - Answers Refers to the consistency of a performance measure; the degree to which a performance measure is free from random error Interrater reliability is: - Answers The consistency among the individuals who evaluate the employees performance A performance has interrater reliability if: - Answers Two individuals give the same (or close to the same) evaluations of a persons job performance Acceptability - Answers The extent to which a performance measure is deemed to be satisfactory or adequate by those who use it There are three categories of perceived fairness - Answers Procedural, Interpersonal, and Outcome Specificity - Answers The extent to which a performance measure gives detailed guidance to employees about what is expected of them and how they can meet these expectations Effective perfomance evaluation systems measure - Answers what gets accomplished (objectives) and how it gets accomplished (behaviors) 4 types of approaches - Answers comparative, attribute, results, and quality comparative approach - Answers requires the rater to compare an individual performance with that of others, this approach usually uses some overall assessment of an individuals performance or worth and seeks to develop some ranking of the individuals within a work group. three techniques that fall under the comparative approach - Answers ranking, forced distribution, and paired comparission simple ranking - Answers requires managers to rank employees within their departments from highest to poorest performer alternation ranking - Answers consists of a manager looking at a list of employees, deciding who is the best employee, and crossing that person's name off the list

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Uploaded on
December 17, 2024
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2024/2025
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Exam Bank for Performance Management- Questions and Correct Answers Latest Update 2024

the use of technology such as web benefits - Answers it can reduce the administrative burden of
performance appraisal and improve the accuracy of performance reviews

performance appraisal is - Answers an administrative duty performed by managers and was primarily
the responsibility of the hr function

properly conducted appraisals - Answers help identify the strongest and weakest employees

perfomance management - Answers the process through which managers ensure that employees
activities and outputs are congruent with the organizations goals

perfomance management system (PMS) - Answers three parts: defining performance, measuring
performance, and pervading back performance information

perfomance appraisal - Answers the process through which an organization gets information on how
well an employee is doing on his or her job

performance feedback - Answers the process of providing employees information regarding their
performance effectiveness (may also include rewards through compensation such as merit increases or
bonuses).

first step in performance management - Answers Starts with understanding and identifying important
performance outcomes or results, these outcomes or results benefit customers, employees, and peers.

second step in performance management - Answers Involves understanding the process or how to
achieve the goals established in the first step, includes identifying measurable goals, behaviors, and
activities that will help the employee achieve the results

step three in performance management - Answers Involves providing employees with training,
necessary resources and tools, and frequent feedback communication between the employee and
manager focusing on accomplishments as well as issues and challenges

step four in performance management - Answers Involves performance evaluation, that is when the
manager and employee discuss and compare the targeted performance goal and supporting behaviors
with the actual results

how to make formal evaluation effective - Answers by engaging in frequent performance conversations
with employees rather than wait for the formal annual review

step five in performance management - Answers the Employee and manager identifying on what they
can do to capitalize on strengths and weaknesses

step six in performance management - Answers Provide consequences to performance results for
achieving or failing to achieve

, What are the steps in Performance Management Process? - Answers define performance outcomes for
company,division, and department, develop employee goals behavior, and actions to achieve outcomes,
provide support and on going performance discussions, evaluate performance, identify improvements,
and provide consequences to results

the purpose of performance management (three kinds) - Answers strategic, administrative, and
developmental

strategic purpose - Answers should link activities with the organizations goals, strategies are
implemented through defining results, behaviors and to some other extent employee characteristics
that are necessary for carrying out that strategy

administrative purpose - Answers organizations use Pm in many admin decisions, salary administration
(pay raise), promotions, retention-determination, layoffs and recognition of the individual

developmental purpose - Answers third purpose of pm is to develop employees who are effective at
their jobs, when employees are not performing well pm seeks to improve their performance

performance management system identifies not only any deficient aspects of employees but - Answers
the cause of the deficiencies for example a skill or motivational problem that will hold the employee
back

when confrontations arise during the developmental purpose managers tend to - Answers believe this
strains everyday working relationships, thus giving high ratings to all employees enables a manager to
minimize conflicts but this purpose is then not fully achieved

performance measures criteria includes - Answers strategic congruence, validity, reliability,
acceptability, and specificity

strategic congruence - Answers Is the extent to which a performance management system elicits job
performance that is consistent with the organization's strategy, goals, and culture

companies like coco-cola, HP, and Fed Ex have introduced measures such as critical success factors, CFS
are - Answers Factors in a companies business strategy that give it a competitive edge

one challenge that companies face are - Answers Measuring customer loyalty, employee satisfaction and
other nonfinacial performance measures that affect profitability

Validity - Answers The extent to which a performance measure assesses all the relevant- and only the
relevant aspects of job performance

For performance to be valid it must be - Answers It must not be deficient or contaminated

Validity is concerned with maximizing - Answers the overlap between actual job performance and the
measure of job performance

A performance measure is deficient if - Answers It does not measure all aspects of performance

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