Type of performance measurement based process

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Reference no: EM13733411

Which of the following terms describes a phenomenon whereby individuals ignore their own information about the best course of action and instead simply do what everyone else is doing?

A. Absolute performance

B. Pay-for-performance

C. Relative performance

D. Risk sharing

E. Herding

What type of performance measurement based process was used to determine Jack Welch’s successor, Jeffrey Immelt, as CEO of GE?

A. Promotion tournament

B. Merit ratings system

C. Ratings compression

D. Management-by-objective system

E. 360-degree peer review system

Reference no: EM13733411

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