100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
HRM2604 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE 29 October 2024 $2.81   Add to cart

Exam (elaborations)

HRM2604 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE 29 October 2024

 2 views  0 purchase
  • Course
  • Institution
  • Book

HRM2604 Assessment 5 (ANSWERS) Semester 2 - DUE 29 October 2024 ;100% TRUSTED workings with detailed Answers for A+ Grade. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 .

Preview 2 out of 8  pages

  • October 17, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
avatar-seller
HRM2604
ASSIGNMENT 5 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 29 OCTOBER 2024

, QUESTION 1: Which of the three main approaches to measuring performance
would be most suitable to Oliver’s job? Provide a reason for your answer with
reference to the scenario. (4)

The results-based approach is most suitable for measuring Oliver's performance. This
method evaluates employees based on the outcomes they achieve, such as meeting
sales targets or objectives (Dessler, 2020). In Oliver’s case, the focus of performance
measurement at Red Arrow is clearly on the number of properties sold, as the best
salesperson is determined by the number of properties sold per year. Since Red Arrow
operates on a commission-based system, Oliver’s success directly depends on his
ability to sell properties. Thus, his performance should be measured by the results he
achieves, making the results-based approach the most appropriate.

QUESTION 2: Briefly explain how the approach you suggested in question 1 is
generally applied to measure employee performance. (4)

The results-based approach measures performance by setting specific goals or
targets for employees and evaluating their success in achieving these goals (Aguinis,
2019). This approach involves several key considerations:

1. Goal-setting: Employees are given clear, measurable targets that align with
organisational objectives.
2. Ongoing tracking: Employee performance is tracked over time to ensure
progress is being made towards the established goals.
3. Evaluation: At the end of the performance period, actual results are compared
against the set goals to determine performance.

In Oliver's case, his performance would be tracked based on how many properties he
sells, and at the end of the year, his results would be evaluated against the targets he
set with Felicity.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EduScript. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.81. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81849 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.81
  • (0)
  Add to cart