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A performance management and evaluation system is utilized so that a company can identify which of...

A performance management and evaluation system is utilized so that a company can identify which of the following? a. How well it is doing and where it is going b. How satisfied investors are with their return on investment c. How satisfied both customers and employees are d. How well it is doing, where it is going, and what improvements will bring in more profit

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Answer #1

Answer is d. how well it is doing, where it is going and what improvements will bring in more profits.

Explanation:

The performance management and evaluation system is a process where the actual performance is compared to the standard set so as to enable the seniors to know how well the performance is going on and what are the deviations from the standard set. Also, the system gives the feedback regarding the changes required to be made for the next level for improved productivity and profitability.

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