Which of the Following Is a Means of Measuring and Feeding

question 37

Multiple Choice

Which of the following is a means of measuring and feeding back productivity information to personnel with the main goal of motivating employees to higher levels of productivity?

• A)Management by objectives
• B)ProMES
• C)Assessment centers
• D)Critical incidents
• E)Multi-criteria decision analysis

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Definitions:

Variable Cost

Variable cost refers to expenses that change directly with the level of production or business activity, such as raw materials and labor costs.

Fixed Cost

Expenses that do not change with the level of production or sales activity, such as rent or salaries.

Work in Process-Department X

Inventory representing partially completed goods that are still in the production process within a specific department.

Goods in Process

Inventory items that are partially completed in the production process.