What is meant when we say that an ideal performance management system must be practical?

What will be an ideal response?

When we say that an ideal performance management system is practical, we mean that it is available, easy to use, and acceptable to those who want to use it for decisions, and the benefits of using the system outweigh the costs.

Business

You might also like to view...

Conventional and horizontal channels do not have channel leaders

Indicate whether the statement is true or false

Business

After conducting formal marketing research for your department, you summarize the data in an oral presentation to management. You are following normal marketing research steps

Indicate whether the statement is true or false

Business