When Measuring Employee Performance, Managers Should Make Sure That Measurements

question 31

Multiple Choice

When measuring employee performance, managers should make sure that measurements are all of these EXCEPT:

• A) based on clear job performance criteria.
• B) accurate in assessing performance.
• C) providing a defensible basis for differentiating between high and low performance.
• D) useful as feedback that can help future performance.
• E) always positive as to not discourage employees.

Know the break-even and shutdown points in both short run and long run scenarios.

Distinguish between types of costs (fixed, variable, marginal).

Understand the role of total revenue in short-run operational decisions.

Grasp the importance of marginal cost in relation to AVC and ATC curves.

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Definitions:

Positional Tolerance

A dimension in technical drawings that specifies the allowable deviation from the exact position of a feature without affecting assembly or function.

MMC

Maximum Material Condition, a feature size that contains the maximum amount of material within the specified tolerance limits.

Feature Control Frame

A rectangle used in technical drawings to describe the conditions and tolerances for a geometric control on a feature of a part.

Modifying Symbol

Symbols used in engineering drawings to specify additional requirements or modifications for geometric tolerances.