Which aspect of organizational performance involves evaluating factors such as growth and employee satisfaction?

Study for the UofT MGT100 Fundamentals of Management Exam. Practice with quizzes and detailed study materials to excel. Prepare with clear explanations and valuable tips to ace your exam!

Performance management is the correct choice because it encompasses the systematic process of assessing various factors related to an organization's effectiveness, including both growth metrics and employee satisfaction levels. This approach involves setting performance standards, monitoring outcomes, and providing feedback to ensure that organizational goals are met. By focusing on both quantitative measures like growth and qualitative aspects such as employee morale and satisfaction, performance management fosters a holistic understanding of how well an organization is functioning and where improvements can be made.

Benchmarking, while a useful tool for comparing performance against industry standards or best practices, does not inherently evaluate the broader aspects of organizational performance like employee satisfaction. Strategic analysis pertains more to assessing the competitive landscape and overall direction of the organization, rather than specific internal performance factors. Quality assurance primarily focuses on maintaining standards in products or services but does not directly relate to growth and employee satisfaction. Thus, performance management is the most relevant aspect when considering the evaluation of growth alongside employee satisfaction in an organizational context.

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