Relative Performance Evaluation

question 134

Multiple Choice

Relative performance evaluation:

• A)is called benchmarking
• B)filters out the effect of common noncontrollable factors
• C)results in managers having no incentive to help one another
• D)All of these answers are correct.

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Definitions:

Future Favors

Acts of kindness or assistance that are promised to be done in the future.

Mutual Obligation

A situational dynamic where two parties each have duties or services they are expected to perform for the benefit of the other.

Whistleblowing

The act of exposing any kind of information or activity within a private, public, or government organization that is deemed illegal, unethical, or not correct.

Stakeholder Social Responsibility

The duty and ethical obligation of an organization to consider and respond to the needs and interests of its stakeholders, including customers, employees, and the wider community.