ENTREPRENEURIAL OPERATIONS
TIME MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ensures tasks are completed by the due date, ensuring that the reputation of the company is maintained
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Keeps staff on track, ensuring they are not distracted and improves their productivity
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To find out if assistance or additional resources are required to reduce the stress of the staff member and get the task done
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To check up on staff as they cannot be trusted to work independently at any time
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Detailed explanation-1: -Measuring employee performance helps calibrate those goals by providing insight into where someone is doing well and could be stretched and areas that are not a strength yet. Based on performance feedback, self-reflection, and business needs, employees should set their own goals – not the manager or the company.
Detailed explanation-2: -These include: (1) central tendency error, (2) strictness or leniency error, (3) halo effect, (4) recency error, and (5) personal biases.
Detailed explanation-3: -Management by objectives (MBO) is a process in which a manager and an employee agree on specific performance goals and then develop a plan to reach them.
Detailed explanation-4: -Benchmarking is one of the best ways to measure employee performance against company standards. Benchmarking provides you the opportunity to measure the progress of your employees against other organizations within your industry.