100% gsa, Wed 9:15 PM ) Wnich of the tollowing potential Business and operations
ID: 412731 • Letter: 1
Question
100% gsa, Wed 9:15 PM ) Wnich of the tollowing potential Business and operations purposes are ldentified by Perkins, Valerdi, Nightingale and Rifkin, as reasons to use organizational assessments? (Perkins) (Pick all that apply) a. Leading indicator for shifting performance b. Identifying program strengths and/or weaknesses c. Create cross industry comparisons or assist in benchmarking against competitors and standards To define the elasticity of supply curve d. 2) According to Lufthaus, which initiator of Organizational assessments uses assessments as rationale "To exercise their accountability? (Luthaus): a. External Investor b. Financial Auditor c. Leaders within the Organization d. Board of Directors organizational assessment focus "To understand the capability deficiencies impeding performance"? (Luthaus): 3) According to Lufthaus, which initiator of organizational assessments has an a. External Investor b. Financial AuditorExplanation / Answer
1.
a. leading Indicator for shifting performance
b. Identifying program strengths and/or weaknesses
c. Create cross industry comparison or assist in benchmarking against competitors and Standards
Reason:
In business and operations management, assessment models are used for analysing all of the above mentioned factors and the results are used for framing improvement actions. This in turn increases the productivity of an organisation
2. d. Board of directors
Reason: The board of directors in any organisation uses the organisational assessment to know what are their roles and responsibilities and what to do and what not to do and what they are accountable for.
3. a. External investor
Reason: The external investor of an organisation is always interested in what is the current and future financial situation of an organisation. An investor would typically be keen in understanding the company's performance and hence would need the company's assessment
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