What Criteria Are a Basis of Comparison for Measuring the Extent

question 80

Multiple Choice

What criteria are a basis of comparison for measuring the extent to which organizational performance is satisfactory or unsatisfactory?

• A)standards  
• B)potentials  
• C)autonomous goals  
• D)degrees of centralization

Understand the impact of goal setting on individual and organizational performance, including ethical considerations.

Describe the relationship between reward systems and employee motivation, and how they contribute to organizational profitability.

Understand the role of technology and administration in managing reward systems, particularly in flexible benefit plans.

Analyze how reward systems are adapted for high power distance cultures and diverse workforces.

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Definitions:

Credit Sales

Sales made by a business where the payment is deferred to a later date, often involving credit terms.

COGS

Stands for Cost of Goods Sold and refers to the direct costs attributable to the production of the goods sold by a company.

Payables Turnover Rate

A liquidity metric that measures how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Accounts Payable Balance

The amount of money a company owes to its suppliers or creditors for goods and services purchased on credit.