Question: Well - designed performance evaluation systems accomplish many goals. Describe the potential benefits performance evaluation systems offer. Well - designed performance evaluation systems offer companies

Well-designed performance evaluation systems accomplish many goals. Describe the potential benefits performance evaluation systems offer.
Well-designed performance evaluation systems offer companies many benefits. Management uses performance evaluation systems to do the following:
allow top managers to run the daily operations of the subunits
benchmark against industry standards.
communicate critical objectives and expectations
coordinate daily product deliveries
increase manufacturing production
motivate customers to increase sales
motivate segment managers to meet expectations
promote customer satisfaction
promote goal congruence and coordination
provide feedback to managers and thus make necessary changes to meet goals
 Well-designed performance evaluation systems accomplish many goals. Describe the potential benefits

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