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MGMT 3860 EXAM 3 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE

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MGMT 3860 EXAM 3 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE Performance management is a kind of compass one that indicates actual direction as well as desired direction performance appraisal Many managers incorrectly equate it with __________________an administrative exercise they typically do once a year to identify and discuss job-relevant strengths and weaknesses of individuals or work teams The process of performance management are Define performance, Facilitate performance, and Encourage performance Defining performance key elements are goals, measures, and assessment Encouraging Performances are Provide a sufficient amount of rewards that employees really value, in a timely, and fair manner What is fairness? voice, consistency, relevance, and communication Important practices of fairness is a voice Collect employee input through surveys or interviews Important practices of fairness is Consistency Ensure that all employees are treated consistently when seeking input and communicating about the process for administering rewards Important practices of fairness is Relevance Include rewards that employees really care about Important practices of fairness is Communication Explain clearly the rules and logic of the rewards process Goa setting proven track record of success in improving performance in a variety of settings and culture by improving productivity by 10% but limit to no more than 4 goals measures such as the number of defective parts produced per million or the average time to respond to a customer's inquiry are much more tangible. assessment of progress toward goals focuses the attention and efforts of an employee or team facilitate performance have measures available to get the job done right and on time, and a third is to pay careful attention to selecting employees provide adequate resources for example capital resources material resources and human resources careful selection of employees having ill suited people for the job it can lead to excessive labor cost, over staffing, and reduced production The purpose to performance appraisals to improve employees' work performance by helping them ralize and use their full potential in carrying out their firms mission and to provide information to employees for use in making work related decisions Appraisals provide legal and formal organizational justification for employment decisions to promote outstanding performance to weed out marginal and low performers: to train, transfer and discipline others. Appraisals are used as criteria in test validations, to evaluate the hypothesis that test scores predict job performance Relevance, Sensitivity, and Reliability Legally and scientifically, the key requirements of any appraisal system are Acceptability and Practicality In the context of ongoing operations, the key requirements are Relevance

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MGMT 3860 EXAM 3 QUESTIONS AND ANSWERS WITH

COMPLETE SOLUTIONS VERIFIED LATEST UPDATE


Performance management


is a kind of compass one that indicates actual direction as well as desired direction


performance appraisal


Many managers incorrectly equate it with __________________an administrative exercise they typically

do once a year to identify and discuss job-relevant strengths and weaknesses of individuals or work

teams


The process of performance management are


Define performance, Facilitate performance, and Encourage performance


Defining performance key elements are


goals, measures, and assessment


Encouraging Performances are


Provide a sufficient amount of rewards that employees really value, in a timely, and fair manner


What is fairness?


voice, consistency, relevance, and communication


Important practices of fairness is a voice

,Collect employee input through surveys or interviews


Important practices of fairness is Consistency


Ensure that all employees are treated consistently when seeking input and communicating about the

process for administering rewards


Important practices of fairness is Relevance


Include rewards that employees really care about


Important practices of fairness is Communication


Explain clearly the rules and logic of the rewards process


Goa setting


proven track record of success in improving performance in a variety of settings and culture by improving

productivity by 10% but limit to no more than 4 goals


measures


such as the number of defective parts produced per million or the average time to respond to a

customer's inquiry are much more tangible.


assessment


of progress toward goals focuses the attention and efforts of an employee or team


facilitate performance


have measures available to get the job done right and on time, and a third is to pay careful attention to

selecting employees


provide adequate resources for example

,capital resources material resources and human resources


careful selection of employees


having ill suited people for the job it can lead to excessive labor cost, over staffing, and reduced

production


The purpose to performance appraisals


to improve employees' work performance by helping them ralize and use their full potential in carrying

out their firms mission and to provide information to employees for use in making work related

decisions


Appraisals provide legal and formal


organizational justification for employment decisions to promote outstanding performance to weed out

marginal and low performers: to train, transfer and discipline others.


Appraisals are used as


criteria in test validations, to evaluate the hypothesis that test scores predict job performance


Relevance, Sensitivity, and Reliability


Legally and scientifically, the key requirements of any appraisal system are


Acceptability and Practicality


In the context of ongoing operations, the key requirements are


Relevance

, Clear links between the performance standards for a particular job and organizational objectives, and

Clear links between the critical job elements identified through a job analysis and the dimensions to be

rated on an appraisal form


Appraisals provide feedback


to employees and thereby serve as vehicles for personal and career development


Appraisals can help identify


developmental needs of employees and also to establish objectives for training programs


Appraisals can help diagnose


organizational problems by identifying training needs and the personal characteristics to consider in

hiring and they also provide a basis for distinguished between effective and ineffective performers.


Appraisals represent


the beginning of a process rather than an end product.


Performance standards


translate job requirements into levels of acceptable or unacceptable employee behavior. They play a

critical role in the job analysis-performance appraisal linkage


Job or work analysis


describe work and personal requirements of a particular job


performance appraisal


Describe the job relevant strengths and weaknesses of an individual or team


Reliability

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