The Component of an Effective Performance Management Process That Communicates

question 58

Multiple Choice

The component of an effective performance management process that communicates the organization's higher level goals throughout the organization and then translates these goals into departmental goals is called .

• A)coaching and support
• B)developmental goal setting
• C)direction sharing
• D)role clarification
• E)goal alignment

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Definitions:

Recognized Gain

The amount of gain that is subject to tax in the year of a transaction.

Realized Gain

The profit earned from the sale of an asset, such as stocks, bonds, or real estate, which becomes taxable when the asset is sold.

Selling Expenses

Expenses incurred directly or indirectly in making a sale, such as commissions, advertising costs, and shipping expenses.

Disallowed Loss

A loss that cannot be claimed for tax deduction purposes because it does not meet certain IRS criteria.