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#MSC Business College# Performance Management unit 1 Flashcards | StudBud
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#MSC Business College# Performance Management unit 1
#MSC Business College# Performance Management unit 1
15 terms
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StudBud Administration
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#MSC Business College# Performance Management unit 1
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
in a SWOT analysis opportunities and threats are from the internal environment
true
false
2
The skills the individual will need to be able to meet the objectives
contributions required
competency requirements
compliance requirements
3
For company to achieve objectives, each employee must perform his/her role to specific standard
True
False
4
For performance management to be fair, it needs to be based on clearly written criteria
False
True
5
Benchmarking is a quick fix
True
False
6
A best practice is a specific rule which, which enables a business to achieve desired result
True
False
7
the performance appraisal process must be...
brief and about general topics
fair and transparent
informal and relaxed
8
Conducting a SWOT analysis will also lead to the identification of what?
The need to change
reliable resources
best practices
9
Performance management is about micro-managing employees
False
True
10
The review of the actual performance of the employee is called the performance appraisal
False
True
11
an analysis used by business leaders to build their vision of the future
Porter's 5 forces
SWOT analysis
PEST analysis
12
How often should a performance appraisal be done?
once a year
once every second year
every week
more frequently than once a year
13
Is it necessary for the employee to prepare for the performance appraisal?
yes
no
14
Employment equity act requires all designated employers to remove all forms of discrimination
False
True
15
A simple but powerful tool for understanding where power lies in a business situation
PEST analysis
SWOT analysis
Porter's five forces
