Corrective Actions Are Not Needed When

question 25

Multiple Choice

Corrective actions are not needed when

• A)external and internal factors have not significantly changed.
• B)competitive factors are on the rise.
• C)the firm is not progressing satisfactorily toward achieving stated objectives.
• D)the industry is slowing down.
• E)changes have occurred in the firm's internal strategic position.

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Definitions:

Performance Standards

Defined expectations for an employee's work conduct and outcomes, against which their actual performance is measured for appraisal and improvement purposes.

Strategic Objectives

Long-term goals set by an organization to achieve its overall strategy and mission.

Criterion Contamination

In performance appraisal or research, when factors unrelated to the construct being measured affect the scores.

Correlations

Statistical measurements that describe the extent to which two variables move in relation to each other.