When Determining Whether or Not to Weight Performance Standards, a Manager

question 3

Multiple Choice

When determining whether or not to weight performance standards, a manager must consider:

• A) that employee scores will remain relatively the same.
• B) that the employee may focus on the item more highly weighted and responsibilities in other areas may suffer.
• C) how they will collect performance data from more than one source.
• D) that it will have little impact on employee compensation.
• E) how to use self appraisal information.

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Definitions:

Endowment Contribution

Funds given to an institution, often a nonprofit or educational entity, with stipulations that the principal be maintained permanently and only the investment income be used.

Inventories Valuation

The method used to assess the cost or market value of inventories a company holds at the end of a financial period to ensure accurate financial reporting.

Nominal Charge

A minimal or symbolic fee often charged to meet legal requirements rather than to cover the cost of services.

Consumption

The use of goods and services by households.