Performance Management Is an Organizationwide System Whereby Managers Integrate the Activities

question 58

True/False

Performance management is an organizationwide system whereby managers integrate the activities of goal setting, monitoring and evaluating, providing feedback and coaching, and rewarding employees on a continuous basis.

---

Definitions:

B Corporation

A certification awarded by B Lab, earned by a company’s rigorous adherence to social responsibility and sustainability.

Social Environmental Impact

The effect that activities and behaviors have on the social fabric and environment, encompassing both positive contributions and negative damages.

Strategic Benefit

Advantage gained from implementing particular tactics or strategies, contributing to the overall goals and success of an organization or individual.

Corporate Social Responsibility

An operational framework for businesses that prioritizes social and environmental issues in their dealings and communications with stakeholders.