Performance Expectations Are Communicated by Setting

question 8

Multiple Choice

Performance expectations are communicated by setting

• A)new initiatives.
• B)targets.
• C)a strategic vision.
• D)activity measures.

Comprehend the importance of fairness (procedural, distributive, interactional justice) during the implementation of downsizing decisions.

Understand the implications of downsizing on future work structures and employee relationships.

Describe alternatives to downsizing for cost reduction.

Recognize the role of HR planning strategies in downsizing and restructuring processes.

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Definitions:

Direct Costs

Costs that are directly attributable to the production of goods or provision of services, such as raw materials and direct labor.

Indirect Costs

Costs that are not directly attributable to the production of goods or services and cannot be traced back to a single product, service, or project, such as rent and utilities.

Responsibility Accounting System

An accounting framework that tracks financial performance by specific areas of responsibility, such as departments or managers.

Managers' Performance

Refers to the assessment and evaluation of the effectiveness and efficiency with which managers achieve business objectives and goals.