What is a key objective of a company's performance evaluation system?
A) To determine how much to pay executives in bonuses and other compensation
B) To ensure that the domestic and foreign operations are achieving their objectives
C) To control foreign subsidiaries
D) To assess the effect of foreign exchange rates on published financial statements

Question

Quizplus · Accepted Answer

The key objective of a company's performance evaluation system is to ensure that the domestic and foreign operations are achieving their objectives. This helps the company to identify areas where they may need to improve and ensure that their operations are on track to achieve their overall goals. The other options are not key objectives of a performance evaluation system.

What Is a Key Objective of a Company's Performance Evaluation