UniCorp Conducts Performance Appraisals on All of Its Employees on a Yearly

question 9

Multiple Choice

UniCorp conducts performance appraisals on all of its employees on a yearly basis.This year the process revealed that several employees were outstanding performers, there was an underutilisation of the skills of administrative staff and that some employees were more suited to perform different work in the organisation.UniCorp would most likely use this information to make decisions about:

• A) training and development
• B) promotion, demotion, transfer and termination
• C) rewarding and compensating employees
• D) recruitment and selection

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Definitions:

Organizational Risk Management

The systematic process of identifying, assessing, managing, and monitoring potential risks that could impact an organization's operations, reputation, or objectives.

Supply Decisions

Decisions relating to the procurement, management, and distribution of supplies or materials.

Downside Risks

The potential negative outcomes or losses that may occur as a result of an investment or decision.

Supply Chain Management

The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer, aiming to reduce costs and improve efficiency.