Performance Score Calculation Quiz
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Questions and Answers

What score would result from achieving a revenue of 80 Cr in the example provided?

  • 85
  • 70
  • 75
  • 80 (correct)

If a revenue of 40 Cr is achieved, what would be the resulting score?

  • 50
  • 55
  • 30
  • 0 (correct)

What is the score associated with achieving a revenue of 65 Cr?

  • 75
  • 65
  • 60
  • 70 (correct)

In the provided context, what would be the score for reaching a revenue of 90 Cr?

<p>100 (B)</p> Signup and view all the answers

How is the total score against a KPI calculated?

<p>By multiplying weightage with performance score (C)</p> Signup and view all the answers

What would be the final score for all parameters if each has a weightage of 10% and performance scores of 80, 90, and 70 respectively?

<p>$24$ (B)</p> Signup and view all the answers

What is a key characteristic of effective performance indicators?

<p>Oriented towards driving desired behaviour (D)</p> Signup and view all the answers

Why is it important for an officer to identify the link between their performance parameters and the company's scorecard?

<p>To ensure alignment with strategic objectives (B)</p> Signup and view all the answers

What should be possible in relation to performance indicators?

<p>Setting targets against them (D)</p> Signup and view all the answers

Why is course correction considered an integral part of GPMS implementation?

<p>To ensure targets can be adjusted if needed (D)</p> Signup and view all the answers

What score would achieving the target against each parameter of the scorecard result in?

<p>'100' (D)</p> Signup and view all the answers

Why is it crucial for information technology use in the company to aim for accurate reports on key performance parameters?

<p>To ensure informed decision-making based on accurate data (D)</p> Signup and view all the answers

Who evaluates the overall performance of groups at the corporate office?

<p>CMD (C)</p> Signup and view all the answers

How is customer satisfaction primarily assessed in the GPMS scorecards?

<p>Through a customer survey by an external agency (D)</p> Signup and view all the answers

What parameters are used to evaluate customer satisfaction in the GPMS scorecards?

<p>Brand and advertising, product innovation, customer responsiveness, quality of service (A)</p> Signup and view all the answers

Who is responsible for evaluating the performance of SSAs in the GPMS scorecards?

<p>Circle Heads (C)</p> Signup and view all the answers

In which cases would the evaluation of circles be done by internal customers / stakeholders?

<p>For circles without external customers (B)</p> Signup and view all the answers

How are groups' achievements reported in the GPMS system?

<p>By the person to whom the group reports (A)</p> Signup and view all the answers

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