Final answer:
Standards are the basis of comparison for measuring organizational performance. They are utilized through various methods such as performance appraisals and job satisfaction surveys, which serve to evaluate if goals are met and if employees are satisfied.
Step-by-step explanation:
Standards are a basis of comparison for measuring the extent to which organizational performance is satisfactory or unsatisfactory. These standards can take many forms, including performance appraisals, job satisfaction surveys, and production success metrics. They provide a benchmark that organizations use to evaluate if their strategic goals are being met, and if the workforce is content with their job and work environment.
For example, in measuring job satisfaction, an organization may use a questionnaire with a Likert scale, presenting statements like "I recommend my organization as a good place to work." Employees respond with their level of agreement or satisfaction, providing valuable feedback on their perception of the organization. This feedback is used to assess overall performance, address employee concerns, and enhance workforce engagement. Additionally, 360-degree performance appraisals, where multiple sources give feedback on an employee's performance, are indicative of how well individuals meet the established standards of their roles and contribute positively to organizational objectives.