Discuss the balanced scorecard approach of measuring stakeholder performance.
What will be an ideal response?
The balanced scorecard gives managers an indication of the performance of a company based on the degree to which stakeholder needs are satisfied; it depicts the company from the perspective of internal and external customers, employees, and shareholders. The balanced scorecard is important because it brings together most of the features that a company needs to focus on to be competitive. The balanced scorecard should be used to (1) link human resource management activities to the company's business strategy and (2) evaluate the extent to which the HRM function is helping the company meet its strategic objectives. Communicating the scorecard to employees gives them a framework that helps them see the goals and strategies of the company, how these goals and strategies are measured, and how they influence the critical indicators.
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In a standard normal distribution, the range of values of z is from
A. minus infinity to infinity. B. -1 to 1. C. 0 to 1. D. -3.09 to 3.09.
Why is an arbitrator's decision likely to be a compromise?
What will be an ideal response?
A diversified company has a parenting advantage when it
A. is more able than other companies to create positive collaboration within its portfolio for different specialty groups and geographic locations. B. results in supporting short-term economic shareholder value. C. avoids acquiring undervalued companies and thus reduces risks. D. is more able than other companies to boost the combined performance of its individual businesses through its high-level guidance, general oversight, and other corporate-level contributions. E. manages a set of fundamentally similar business operations inside fundamentally similar industries and environments.
Term insurance provides life insurance with an accumulated cash surrender value that can be used as collateral for a loan.
Answer the following statement true (T) or false (F)