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Performance management is a system that
1. ensures that employee's performance is supporting company's aims.
2. starts with fixing performance standards and ends with comparing results with those standards.
3. includes daily or weekly interactions to ensure continuous improvement in employee's performance.
4. ensures that employee has requisite training to perform the job.

Performance management is a system that
1. ensures that employee's performance is supporting company's aims.
2. starts with fixing performance standards and ends with comparing results with those standards.
3. includes daily or weekly interactions to ensure continuous improvement in employee's performance.
4. ensures that employee has requisite training to perform the job. Correct Answer 1, 3 and 4

Related Questions

What is the total number of employees in the company? Which of the following option is sufficient alone to find the answer? A) In the company, employees like either tea or coffee or cold drink. Out of the total employees, 25% like tea and 40% like coffee. Out of remaining employees, 20% like cold drink and remaining employees don’t like any of these drinks. B) Out of total employees 18% working in the marketing departments, 35% working in IT departments. From the remaining employees 25% working in HR departments and 45% working in content departments and remaining 141 are working in other departments. C) Employees working in the company is form state X, Y and Z. 20% of employees working in the company is from state X and from remaining 60% employees is from state Z and the remaining employees is from the state Y. D) 60% of the employees in the company are married and remaining employees are unmarried. The ratio of male and female unmarried employees is 4 : 5 and ratio of married male and female employees is 3 : 4.
Which of the following statements is most relevant in the context of Job Analysis? Choose the correct answer from the code given below. (i) Job Analysis helps in identifying the right person for the right job. (ii) A person cannot judge the job from the point of view of its suitability. (iii) Job analysis helps in job satisfaction and job efficiency. (iv) Through Job Analysis an employer cannot evaluate the prospective employee to judge his fitness or otherwise for the job. (v) Job Analysis helps in planning appropriate training programs. (vi) Job Analysis defines client needs in specific terms. (vii) Job Analysis assists in knowing the personnel specifications for various jobs.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: The India Risk Survey 2017 report ranks 'Information & Cyber Insecurity' as the biggest risk facing Indian companies. Indian organizations, both public and private, had witnessed over 27,000 incidents of security threat, from January 2017 till June 2017 alone. Phishing, scanning/probing, website intrusions and defacements, virus/malicious code, ransomware, Denial of Service attacks, and data breaches are some ways in which hackers attack business websites, which can cause operational disruptions and potentially steal sensitive information. Small and medium businesses (SMBs), unfortunately, have been seeing rising incidences of cybercrime. In fact, 70 percent of cyberattacks occur at organizations with lesser than 100 employees  Courses of action: I. Mandate basic security practices and policies for all employees, such as 2-factor authentication, internet use guidelines and create and enforce rules on handling and protecting sensitive data. Conduct frequent training to sensitize employees about opening suspicious emails, encrypting their data, using strong passwords on their devices, installing security apps, and limiting activity over public Wi-Fi. Implement and enforce incident reporting to help ensure that even the smallest breach is report to management as well as the IT teams. II. Basics still matter and are some of the best defenses against viruses, malware, and other online threats. Assess the assets that are most at risk - data, servers, network - and ensure that the systems are updated with the latest security software, web browser, and operating system. Implement firewall security and run antivirus software after each update.  III. Ensure regular backup of all critical data - whether stored in-house or on the cloud. Run scheduled attack drills and stress tests to identify vulnerabilities and ensure that data restoration and business continuity are executed as planned.
Which of the following statements are true/false?
1. In case an employee whose minimum rate of wages is fixed under this Act, works overtime, the employer need not pay the money for the extra hours devoted by the employee.
2. If an employee whose minimum rate of wages has been fixed under this Act, works for a less number of hours than the requisite number of hours on a given day, he shall be entitled to receive wages in respect ofwork done by him on that day as ifhe had worked for a full normal working day.
3. In case an employee is involved in two or more classes of work, he shall be paid on the basis of pieces involved.
4. If an employee is employed on piece work for which minimum time rate and not a minimum piece rate has been fixed under this Act, the employer shall pay to such employee wages at not less than the minimum time rate.
Mr. Justin wanted to test his students' understanding of the 'nature of weekly markets from a seller's point of view'. Which of the following questions are suited to test this? i. Can a weekly market address all the needs of a family? Why or why not? ii. Compare and contrast the characteristics of a weekly market and a permanent shop. iii. Are you likely to find a well-known brand as part of a weekly market? Why or why not? iv. Can any seller increase their price a lot compared to other sellers in a weekly market? Why or why not?
In an organization, 25% of employees attended the seminar, 15% of employees had undergone training. 5% of the employees attended the seminar and had undergone training as well but those who neither attended the seminar nor had undergone training are 130 in number. Then the total number of employees who had undergone the training is?
The daily expenditure of A and B are in the ratio 7 : 9. If both of them reduced their daily expenditure by Rs. 500 per day, the new ratio of their daily expenditure becomes 11 : 17. What is their average daily savings after reduction in daily expenditure if both of them spends 20% of total daily earning on their daily expenditure?
Rohan opens a computer hardware shop in Jaipur after completing a course in computer hardware management. He has employed eleven persons in his showroom. For greater productivity, he divides the work into small tasks and each employee is trained to perform his/her specialised job. The sales persons are allowed to close a deal with a buyer by giving a maximum of 10% discount, whereas the decision to give any further discount rests with Rohan as the final authority. In the earlier days of starting of the business, five of his employees were asked to put in extra hours of work. In return he had promised to give them a special incentive within a year. Therefore, after six months when the business was doing well, he awarded a cash bonus to each of these employees to honour his commitment. However, when it comes to settling the conflicts among his employees, he tends to be more biased towards his male employees.Identify the principle of management which is being violated by Rohan.
A company paid Rs. 6,00,000 as bonus to its employees at different levels A, B and C. Each employee at level A receives one and half times of the amount that was paid to each employee at level B and each employee at level B was paid twice the amount paid to the employee at level C. If 50 employees were on level A, 75 on level B and 100 on level C, how much amount was paid to each employee of level A ?
Six students of a school – Radha, Raj, Rahul, Mira, Aarav and Arijit are selected from different classes – 7th, 8th, 9th, 10th, 11th and 12th standards (not necessarily in the same order) to perform individually in the school annual function. Their order of performances is decided as per their classes. The one who is in 12th class will perform first, then after that 11th class student will perform and so on. Mira will perform immediate after the Rahul but before Arijit. Mira does not study in 8th class. Raj will perform immediate after Aarav but Raj neither studies in 8th class nor in 7th class. Who will perform last in the school annual function?