Which of the Following Is a Reason for the Use

question 40

Multiple Choice

Which of the following is a reason for the use of performance management in organizations?

• A) it contributes to total quality
• B) it is better than performance appraisal
• C) it is important because it helps in strategic planning
• D) All of the above.

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Definitions:

Utility Function

A mathematical representation that defines individual preferences for consumption bundles by assigning a utility value to each bundle.

Consumption

The action of using up a good or service, typically by households or individuals, affecting economic analyses of demand and spending behaviors.

Borda Count

A voting system in which voters rank candidates in order of preference, and candidates are assigned points based on their position in each vote, to determine the winner.

Candidates

Individuals seeking to be elected or selected for a specific position, role, or honor.