________ Is the Extent to Which the Performance Management System

question 41

Multiple Choice

________ is the extent to which the performance management system elicits job performance that is consistent with an organization's strategy,goals,and culture.

• A)Specificity
• B)Reliability
• C)Validity
• D)Strategic congruence
• E)Acceptability

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Days' Sales Uncollected

A financial metric that measures how long it takes, on average, for a company to collect cash from its credit sales.

Profit Margin

A financial metric that measures the amount of net income earned with each dollar of sales generated by comparing the profit and the revenue.

Total Asset Turnover

A financial measure that calculates the ability of a company to turn its assets into sales revenue.