ECONOMICS

COST ACCOUNTING

PERFORMANCE MEASUREMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the manageable number of objectives per review period?
A
3-5
B
5-10
C
10-15
D
more than 20
Explanation: 

Detailed explanation-1: -Capture the larger or more significant aspects of an employee’s work – not the small daily tasks of the job. Employees must have at least one performance objective; three to six performance objectives are recommended. Performance objectives must be written to the position.

Detailed explanation-2: -The main objective of performance appraisals is to measure and improve the performance of employees and increase their future potential and value to the company.

Detailed explanation-3: -A 6-month review is a process where, as a recruitment leader, you assess your performance in relation to the goals that were set out for yourself six months ago. As a recruitment leader, it can be easy to get caught up in the day-to-day of running things and forget to evaluate your own performance.

Detailed explanation-4: -When it comes to business performance objectives you’re likely aware that efficiency and productivity are crucial. But how do you successfully achieve these? The key to having good all-round performance is five performance objectives: quality, speed, dependability, flexibility and cost.

There is 1 question to complete.