Key terms performance management

Describe the meaning of decentralised?

• Decentralised is the process of centralising power among few individuals.
• Decentralised means distributing control and decision-making across multiple entities rather than having a single central authority.
• Decentralised refers to a single entity making all decisions.
• Centralised means having multiple authorities in control.

Describe the meaning of centralised?

• Centralised means concentrated control or authority in one central point.
• Decentralised means spreading control across multiple points.
• Centralised refers to a lack of authority or control.
• Centralised indicates a random distribution of power.

Which type of business is likely to adopt a decentralised approach to their performance management system?

• A small business

• A large business

Which type of approach to performance management is likely to provide greater flexibility?

• Centralised

• Decentralised

What does confirmation bias mean?

• Confirmation refers to a religious ceremony.
• Confirmation means the act of verifying or validating something.
• Confirmation is a type of beverage.
• Confirmation means to deny or reject something.

Which is the correct definition of anchoring bias?

• Anchoring bias is the tendency to rely too heavily on the first piece of information encountered when making decisions.
• Anchoring bias is the inclination to make decisions based solely on emotions.
• Anchoring bias refers to the overestimation of the importance of recent events.
• Anchoring bias is the tendency to ignore the first piece of information encountered.

Which best describes the 'halo effect'?

• A psychological theory about group behavior.
• A cognitive bias that causes one's overall impression of a person to influence how we feel and think about their character.

• A marketing strategy to enhance product appeal.
• A method for improving memory retention.

Which best describes affinity bias?

• Affinity bias is the tendency to dislike people who are different.
• Affinity bias is the tendency to favor people who are similar to oneself.
• Affinity bias refers to the preference for random selection in hiring.
• Affinity bias is the belief that all individuals are equally qualified regardless of background.

What may bias actions lead to?

• Equal opportunities for all
• Increased collaboration among teams
• Enhanced productivity and efficiency
• Unfair treatment and discrimination.

Identify the meaning of cultural bias.

• Cultural bias is the tendency to adopt a neutral stance towards all cultures.
• Cultural bias is the inclination to view and evaluate other cultures through the lens of one's own cultural norms and values.
• Cultural bias is the appreciation of diverse cultures without prejudice.
• Cultural bias refers to the objective analysis of cultural practices.