A performance management and evaluation system is utilized so that a company can identify which of the following?
A) How well it is doing and where it is going
B) How satisfied investors are with their return on investment
C) How satisfied both customers and employees are
D) How well it is doing, where it is going, and what improvements will bring in more profit

Question

Quizplus · Accepted Answer

A performance management and evaluation system is designed to assess how well a company is achieving its objectives and identify areas where improvements can be made to increase profitability. Therefore, the best choice is D, which includes all three aspects - how well the company is doing, where it is going, and what improvements will bring in more profit. While satisfaction of investors, customers, and employees may be important metrics to consider, they are not the primary focus of a performance management and evaluation system.

A Performance Management and Evaluation System Is Utilized So That