A performance management and evaluation system is a set of procedures that account for and report on
A)qualitative performance.
B)standard performance.
C)employee performance.
D)financial and nonfinancial performance.

Question

Quizplus · Accepted Answer

A performance management and evaluation system takes into account not only quantitative measures of performance (such as financial performance), but also nonfinancial measures of performance (such as employee satisfaction and customer loyalty) that can impact overall organizational success. Therefore, option D is the best choice as it encompasses both financial and nonfinancial performance.

A Performance Management and Evaluation System Is a Set of Procedures