Are budgets part of the performance measurement system or the performance reward system? a. Part of neither the performance measurement system nor the performance reward system b. Part of both the performance measurement system and the performance reward system c. Part of the performance reward system only d. Part of the performance measurement system only

Question

Brandon Walter

Business

5 February, 03:57

Are budgets part of the performance measurement system or the performance reward system? a. Part of neither the performance measurement system nor the performance reward system b. Part of both the performance measurement system and the performance reward system c. Part of the performance reward system only d. Part of the performance measurement system only

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Ariella Silva · Answer 1

b. Part of both the performance measurement system and the performance reward system

Explanation:

Both are linked according to the objectives and golas.

Performance measure is a quantifiable expression of the amount, cost, or result of activities that indicate how much, how well, and at what level, products or services are provided to customers during a given time period.

Performance and reward strategies are driven by the concept that employees are not inherently born with the desire to come to work and put in their maximum effort every day for no reason at all ... An effective performance and reward strategy aligns with organizational goals and objectives