Which of the following is defined as comparing actual performance to planned performance and determining whether corrective action is needed? OA Training OB. Organizing OC. Performance forecast D. Directing OE. Evaluating

Q: What are qualitative measures that might be helpful in employee performance evaluations?

A: Employee performance evaluations are an important part of running any business. They provide…

Q: Destabilising speculation occurs when speculators        buy high and sell low.     buy low and…

A: Speculation occurs when the investor buys on the assumption that the price will increase in future…

Q: Which of the following elements of the balanced scorecard defines the purpose of an action taken…

A: The Balanced Scorecard is a strategic planning and management system used extensively in business…

Q: Which of the following is not one of the elements of the balanced scorecard?        a. strategic…

A: The balanced scorecard is a strategic management tool that organisations use to measure and monitor…

Q: Mechanisms used for reporting non-compliance and identifying risk issues can include which of the…

A: Answer: Balance scorecard is the management tool that can help identify the shortcomings of the…

Q: .controlling c.decision

A: To explain the correct option as,

Q: In which of the following responsibility centers does the manager have responsibility for and…

A: Responsibility Centre is one of the segments of a company that allows the managers to perform…

Q: Which of the following policy decisions directly affectsemployees’ attitudes and work behaviors?…

A: employees are an inseparable part of any organization. All the planning done by the top management…

Q: What methods are used in practice to determine the extentof progress toward completion? Identify…

A: Cost-to-cost method:  It is a method to determine what percentage of work is completed and this…

Q: Can you breifly explain the role of performance management techniques in improving organizational…

A: Progressively, associations are understanding that their administration frameworks should be past…

Q: When evaluating the performance of a manager, why shouldfixed costs be divided into the categories…

A: Controllable expenditure: Controllable expenditure is an expenditure that is directly controllable…

Q: Responsibility centers typically involve cost, profit, and investment centers. What is the basic…

A: A responsibility center is a functional entity within a company with its own aims and objectives,…

Q: Standards for monitoring risk includes: Group of answer choices D. Both A & B C. Manager errors and…

A: Financial markets are the places where the buyers and sellers of financial assets, securities, and…

Q: Discuss what improvements the Balanced Scorecard has contributed over the traditional performance…

A: ANSWER   Balance scorecard is a strategic performance measurement system to measure the financial…

Q: 3- Implementation of planned decisions and evaluating performance is classified as: a. Evaluation…

A: Planning is very important and initial step of business process. This shows what needs to be done,…

Q: Which of the following element is part of the controlling function? O a. Coordinating the functions…

A:

Q: The tendency for managers to behave like the performance metrics are the strategic objectives is…

A: Performance metrics: These include the data and figures that represent the efficiency, abilities,…

Q: describe motivations that might cause management to issue fi nancial reports that are nothigh…

A: The reports that are prepared by the management of to represent the financial performance of a…

Q: What are the advantages and disadvantages of using the balanced scorecard approach to performance…

A: Introduction:- As a management tool, it helps companies in assessing overall performance and in…

Q: Classify the performance measures below into the most likely balanced scorecard perspective towhich…

A:

Q: The benefits of management accounting information include:   a. More effective planning b. All of…

A: management accounting -  Management accounting helps managers in making operational decisions, helps…

Q: n your initial post, summarize the key concepts and benefits of economic order quantity (EOQ).…

A: Economic Order Quantity (EOQ) is a mathematical model used to calculate the optimal quantity of…

Q: How is the use of a balanced scorecard as a performance evaluation system helpful to companies?

A: A balanced scorecard is a performance metric used to identify, improve, and control a business's…

Q: 2   Identifying alternatives and selecting the best among them is part of which of the following…

A: Among the actions that are performed by managers in businesses, decision making is an essential…

Q: A good performance measurement system should have the following characteristics: It should be based…

A: Good performance measurement must be established because the absence of a good performance…

Q: -Financial -Quality -Human resources

A: Basically, in every business organization, every entity must identify and analyze performance and…

Q: Classify the performance measures below into the most likely balanced scorecard perspective…

A: Balanced scorecard: It is a tool to measure the performance that relates a company’s strategy to…

Q: Which one of the following is related to the decision making function of management: a. None of the…

A: The correct answer is option  b. Choosing among alternatives

Q: List benchmarks or criteria often used in assessing productivity, and discuss their advantages…

A: Cost management system:   The system or unit of the entity which is responsible for management of…

Q: true or false: Performance reports help managers use management by exception and effectively…

A: A performance report is a document which define and measures the overall success or overall…