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Performance Mgmt Final Examnation

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Performance Measurement and Reward Systems Spring 2012 Final Examination (Take Home) due by noon EST 05/09/12
This is your final examination. Where appropriate, cite source(s) used to support your opinions and/or arguments. Papers will be evaluated on the quality of work. The entire exam should be completed on approximately 7-13 pages.
The final paper is to be an individual effort -- absolutely no collaboration with anyone in or outside our class. Any breach of this requirement will result in a zero grade for this exam and a recommendation that the affected student(s) be dropped from the program. Also citations, where appropriate, are encouraged. Good luck!
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Part One.Thirty Points. Use the scenario below to answer the following.
1. 3 points. Identify the problem? Provide a brief summary to justify your conclusion.

This goes beyond just a late package but has implicit impacts on the lives of the families involved as well as future generations whose parents may have benefited from receiving the prestigious Fulbright scholarship award. The problem rest on the fact the system has been in existence for years and no one within the organization has thought of any reasons to change the current system.

2. 2 points. What is the desired performance?

Organizations with motivated employees offering great services to customers are likely to be functioning ahead of the competition, even if the products offered are similar to those offered by the competitors. Customers want to receive their products on time and accurately. Performance management is a continuous process of identifying, measuring, and developing the performance of individuals and teams and aligning their performance with the strategic goals of the organization.

3. 10 points. What performance and reward

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