The Appraisal System Based on the Concept That Learning Helps

question 139

Multiple Choice

The appraisal system based on the concept that learning helps organizations improve their internal processes and allows individuals to see how their performance ties in with the firm is:

• A) balanced scorecard approach
• B) 360-degree
• C) customer-oriented approach
• D) management by objectives

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Definitions:

Minimize Work-In-Process Inventory

A strategy to reduce the amount of unfinished goods in production to increase efficiency and decrease waste.

Product-Focused Facilities

Manufacturing or service facilities designed around a narrow range of products or services to achieve higher efficiency and quality.

Stable Demand

A market condition characterized by minimal fluctuations in demand for a product or service over time.

Capacities Known

A situation where the maximum output levels for resources or processes are clearly identified and measured, facilitating planning and optimization.