Which of the Following Helps Performance Management Meet the Goals

question 61

Multiple Choice

Which of the following helps performance management meet the goals of supporting strategy and developing employees?

• A) strategic fit
• B) specific feedback
• C) overall opinion
• D) employee orientation
• E) generalized instruction

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Definitions:

Accounting Profit

The difference between total revenue and total expenses when both are measured in accordance with generally accepted accounting principles.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.

Annual Interest

The amount of interest due over the course of a year on a loan, deposit, or investment, typically expressed as a percentage of the principal.

Economic Cost

The total cost of choosing one action over another, including both the explicit financial cost and the opportunity cost.