Which of the Following Is True of the Performance Evaluation

question 64

Multiple Choice

Which of the following is true of the performance evaluation measures adopted by Japanese and U.S. MNCs?

• A) The performance evaluation measures adopted by Japanese and U.S. MNCs are very similar in nature.
• B) Unlike U.S. MNCs that assign responsibilities to the individual, Japanese companies assign responsibility to the group.
• C) Japanese companies use balanced scorecard for performance evaluations, whereas U.S. companies don't.
• D) Budget variances are used for evaluating performance in Japanese MNCs, whereas U.S. managers view these variances as providing information that can be used to improve performance.

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Definitions:

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers.

Perfectly Inelastic

Perfectly inelastic describes a market scenario where the quantity demanded or supplied does not change regardless of price fluctuations.

Supply

The total amount of a certain good or service that is available for purchase at a particular price level and time.

Perfectly Inelastic

Refers to a market situation where the quantity demanded or supplied does not change regardless of the price level changes.