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discuss the most frequently used measures of organisational performance?

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15y ago

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What are The common organizational controls?

Common organizational controls include policies and procedures that govern operations, risk management frameworks, and compliance measures to ensure adherence to laws and regulations. Other key controls involve internal audits, financial controls, and performance monitoring systems that help assess efficiency and effectiveness. Additionally, access controls and information security measures protect sensitive data and resources. Together, these controls help organizations achieve their objectives while minimizing risks and ensuring accountability.


Does performance goal measure productivity?

yes! it measures productivity in the workplace


What is the difference between performance measurement and performance management?

performance measurement is quantify either qualitatively or quantitatively input output or level of activity. performance management is action a based on performance measures and reports, which result to improving behaviour, motivation and process.


Which term refers to a set of quantitative performance measures that human resource managers use to assess their operations?

ratio


What is the difference between KPIs, metrics, and measures, and how can they be effectively utilized to track and evaluate performance?

Key Performance Indicators (KPIs) are specific, measurable goals that indicate how well an organization is achieving its objectives. Metrics are quantifiable data points used to measure performance, while measures are the actual values obtained from those metrics. To effectively track and evaluate performance, organizations should first identify relevant KPIs, metrics, and measures that align with their goals. They should then collect and analyze data regularly to monitor progress and make informed decisions. By setting benchmarks, comparing results, and adjusting strategies as needed, organizations can use these tools to improve performance and achieve success.

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What is a key peformance indicator?

Earnings and earnings/revenue growth. --------------------------------------------------- A performance indicator or key performance indicator (KPI) is a measure of performance. Such measures are commonly used to help an organization define and evaluate how successful it is, typically in terms of making progress towards its long-term organizational goals.


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Controllable profit measures managerial performance Divisional profit measures divisional performance.


What are types of administrative corrective measures?

Administrative corrective measures typically include reprimands, performance improvement plans, training and development programs, and policy revisions. Reprimands serve as formal warnings for misconduct, while performance improvement plans outline specific goals and support for underperforming employees. Training and development programs aim to enhance skills and compliance, and policy revisions address systemic issues to prevent future infractions. Collectively, these measures seek to improve organizational performance and ensure adherence to standards.


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