The initial steps of the performance management cycle involve ____________________.

A group of answer choices

provides employees with training, necessary resources and tools, and frequent feedback communication.

performance evaluation is when the manager and the employee discuss and compare the targeted performance goals and supporting behaviors with the actual results.

identifying what the company is trying to accomplish (goals or objectives), creating a set of key performance dimensions, and developing performance measures.

evaluating the effectiveness of the performance management system is necessary to determine needed changes.

Managers are involved in traditional performance management process, while ________ are involved in continuous performance management.

Group of answer choices

only peers

peers and direct reports (subordinates)

managers, peers, and direct reports (subordinates)

managers and peers

Exelont Corp. is a large-scale manufacturer of consumer electronics. As part of its performance management system, Exelont measures the amount each employee contributes to the profits of the company, and the employees are either held accountable or rewarded based on their contributions. With regard to performance measurement, under which of the following would contribution to profits be categorized?

Group of answer choices

behavioral observation scales (BOSs)

key risk indicators (KRIs)

non-performing assets (NPAs)

critical success factors (CSFs)