Question:

In this era of global competition, organizations are increasingly introducing Performance Management System (PMS) to improve organizational effectiveness. Many organizations have gone so far as adopting performance-related pay (PRP) as a motivation to higher performance.

(i) Explain how PMS helps to improve organizational effectiveness.

(ii) Explain briefly the main conditions for the successful introduction of PRP?

(iii) State briefly the arguments for and against PRP.

Posted Date: 12/6/2013 12:20:33 AM | Location : United States

Ask an Expert

Related Discussions:- State briefly the arguments for and against prp, Assignment Help, Ask Question on State briefly the arguments for and against prp, Get Answer, Expert's Help, State briefly the arguments for and against prp Discussions

Write discussion on State briefly the arguments for and against prp
Your posts are moderated

Write your message here..

Related Questions

Business and cultural environments, a) Illustrate that a range of methods a... a) Illustrate that a range of methods and techniques have been applied in demonstration of Way the market forces shape organisational forces        b) Judge how the business and c

Illustrate the total quality management briefly, Illustrate the Total Quali... Illustrate the Total Quality Management briefly. Total Quality Management (TQM) is a system approach to quality within all spheres of the organisation. TQM implies meeting the

Marketing interface, mention 5 measures that will make a dis pleased custom... mention 5 measures that will make a dis pleased customer patronize the school canteen

What are the types of participation worker, What are the types of participa... What are the types of participation worker? Types of Worker’s Participation are as follows: Worker’s participation into management may take several forms, for example:

What are the features of an intelligent agent, QUESTION (a) Distinguish... QUESTION (a) Distinguish between an Internet Incubator and Venture capitalists. (b) Describe the components of a supply chain management? (c) What is included in the deve

Marketing securities, marketing securities are drivers of growing nations marketing securities are drivers of growing nations

Farm planning, iimportance of farm planning to the farmer iimportance of farm planning to the farmer

Effective oral communication, QUESTION 1 (a) Explain the term "Team". ... QUESTION 1 (a) Explain the term "Team". (b) Elaborate on the characteristics of effective teams. (c) Discuss the benefits of effective teams to an organisation. QUEST

Auto business question, An automobile manufacturer observes the demand for ... An automobile manufacturer observes the demand for its brand increasing as per capita income increases. Sales increases also follow low interest rates, which ease credit conditions

Management function, Discoss the skills required by the management at diffe... Discoss the skills required by the management at different levels of the hierachy