Instead of Requiring Managers to Wait for Monthly or Quarterly

question 57

True/False

Instead of requiring managers to wait for monthly or quarterly reports for assessing progress toward goals, many companies now feed social media metrics continuously into daily reports, giving managers access to real time data.

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Definitions:

Pay Bonuses

Additional compensation awarded to employees as a reward for exceptional performance, beyond their regular salary.

Micromanage

The management style where a manager closely observes or controls the work of their subordinates or employees, often in a detailed and meddlesome manner.

Follow-up

Subsequent actions or inquiries after an initial event, meeting, or communication, aimed at ensuring outcomes or gathering more information.

Effective Time Dimension

Represents the analysis of time as a factor in optimizing efficiency and productivity within operations or processes.