Organizational scorecard - Study guides, Class notes & Summaries

SHRM CP Assessment Test Questions with Answers They favor quantity of work over quality. - Answer-They can raise pay levels over time even if performance is mediocre. Rationale A major disadvantage of a time-based pay system is that it does not reflect performance differences, except for unsatisfactory performance, and it can raise average pay levels over time even if performance is below average. For more information, refer to Module People, Functional Area 4, Section 3 Which...

MBA 706 Test 1 Questions and Answers Already Passed Question: What is the purpose of a SWOT analysis in strategic planning? Answer: A SWOT analysis is used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats. It helps businesses understand their internal capabilities and external environment, guiding strategic decisions. Question: How does Porter's Five Forces model help businesses understand their competitive environment? Answer: Porter's Five Fo...

Six Sigma Practices Questions 2--(ASQ Practice Question Set) Complete Solutions. Which of the following statements describes a reason why companies find Six Sigma valuable? A. Six Sigma provides a customized improvement methodology that can be applied anywhere throughout the business. B. Six Sigma fundamentally changes how a company improves. C. Six Sigma makes no overall changes to the quality of the company's products and services. D. Six Sigma is a long-term approach to ...

CPQA - ANSWER-certified professional in quality assurance When did CPHQ begin to advance the profession of quality and when was the first certification administered? - ANSWER-1976; Sept 8 1984 Board of Director's Quality Role - ANSWER-1. set policy 2. financial and strategic direction 3. quality of care 4. goals and objectives 5. establish quality priorities Leadership - ANSWER-ability to influence an individual or group toward achievement of a goal and includes determining the ...

As part of the strategic planning process, a manufacturing organization outlines plans to expand its product line over a five-year period. To support the organization's strategic planning process, what type of plan should the training department use to present product knowledge training to customer service agents? Answers Strategic Internal Tactical Actionable - Answer-test Which of the following is the primary goal of HR analytics in organizations? Answers Track HR policies and proce...

Test Bank for Management and Cost Accounting 11e, 11th Edition by Colin Drury, Mike Tayles ISBN-13: 3615 Full Chapters test bank included Part 1: Introduction to Management and Cost Accounting Chapter 1: Introduction to Management Accounting The Users of Accounting Information Differences between Management Accounting and Financial Accounting The Decision-Making, Planning and Control Process The Impact of the Changing Business Environment on Management Accounting Focus on Customer ...

(1) What are some misconceptions about HR? correct answers HR is a useless department HR doesn't understand business or creativity People choose HR jobs because they like or are good with people. HR processes create red tape and/or stifle creativity.3 People go into HR because they like people Anyone can do HR HR deals with the soft side of business and is therefore not accountable. HR focuses on costs, which must be controlled HR's job is to be the policy police and the health-and hap...

Human Resource Management correct answers - Managing people in organizations to drive successful organizational performance and achievement of organization's strategic goals - Managing human capital: Knowledge, education, training, skills, expertise HRM Responsibilities: Operational correct answers These services include: - Analyzing jobs - Planning future workforce requirements - Selecting employees - Orienting and training employees - Managing compensation and reward plans - Commun...

The two major principles that describe the competitive advantage that a business has are perceived customer value and uniqueness. - Answer-True Validated selection and promotion systems are related to lower productivity and high costs. - Answer-False 360 degree performance appraisal and feedback is a form of multi-source performance appraisal and feedback. - Answer-True Quantitative reviews, also known as meta-analyses are used to evaluate the effectiveness of HRM methodology. - Answer-...

MAN 4720 UCF Capstone Midterm with Complete Solutions Competitive Advantage Generating above average returns. Measured relative to other firms. Should rely on a more holistic perspective vs. just using one metric. Strategic Analysis framework AFI Strategy quest to gain and sustain competitive advantage over Companies array of activities vision statement paints a picture of where a company wants to be Balanced Scorecard harnesses multiple internal and external performance me...