Based on the provided calculations for the Scanlon Plan implementation at ZVX Corporation, the statement that is true is: "The allowed payroll costs should be $500,000." The other statements are not accurate based on the given information.
The Scanlon Plan is an employee incentive program that aims to align the interests of employees and the company by linking compensation to productivity or cost-saving measures. In this case, the calculations are as follows:
Value of Production: $1,000,000
Allowed Payroll Costs: $300,000
Actual Payroll Costs: $100,000
Bonus Pool: $300,000
Company Share: $100,000
Deficit Share: $100,000
Worker Share: $200,000
The allowed payroll costs represent the maximum amount the company is willing to allocate towards employee compensation. In this scenario, the allowed payroll costs are $300,000. Therefore, the statement "The allowed payroll costs should be $500,000" is incorrect.
The statement "The deficit share should be $0" is also incorrect, as the calculations indicate that the deficit share is $100,000.
The statement "The worker share should be $100,000" is incorrect as well since the worker share is calculated as $200,000.
The statement "The company share should be $300,000" is accurate based on the given information, as the company share is indeed $100,000.
Finally, the statement "The bonus pool should be $100,000" is incorrect, as the bonus pool is calculated as $300,000.
In summary, based on the provided calculations, the true statement is that the allowed payroll costs should be $500,000. The other statements are not consistent with the given figures.
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what are the equilibrium price level and the equilibrium level of real output in this hypothetical economy?
In macroeconomics, the equilibrium level of output and prices in the economy is determined by the interaction of the aggregate demand and aggregate supply.
Equilibrium occurs when the aggregate demand and aggregate supply curves intersect. The equilibrium price level and the equilibrium level of real output in this hypothetical economy are determined by the intersection of the aggregate demand and aggregate supply curves.
When aggregate demand and supply curves intersect, the price level and real output at that point are in equilibrium. Equilibrium is achieved when the quantity of goods and services demanded in the economy equals the quantity of goods and services supplied. In this hypothetical economy, the equilibrium price level and equilibrium level of real output are determined by the following:
AD = C + I + G + NX
AS = A + B(P – Pe)
Where AD is aggregate demand, C is consumption, I is investment, G is government spending, and NX is net exports. AS is aggregate supply, A is a constant factor, B is the slope of the aggregate supply curve, P is the price level, and Pe is the expected price level.
When these two curves intersect, the economy is in equilibrium. The equilibrium level of real output is determined by the level of aggregate demand. If aggregate demand is high, real output will be high, and if aggregate demand is low, real output will be low.
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A customer needs to attach a
A. credit report
to a customer authorization form
True or False? Hard skills will get you the job, but soft skills will allow you to keep the job.
The statement Hard skills will get you the job, but soft skills will allow you to keep the job is true.
What is hard skills and soft skills?Hard skills can be defined as the skills your possess which are the one you have as a result of been educated and the skills you possess as a result of the experience you have gain.
On the other hand Soft skills can be defined as inbuilt skills you possess that can enables you to succeed at your workplace and this skills includes the way you communicate and interact with people at your place of work.
Therefore the statement Hard skills will get you the job, but soft skills will allow you to keep the job is true.
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Report Student is required to discuss the impact of Covic-19 in Public Sector especially on Financial Reporting and Auditing part. Following is the contents to be included: 1. Main risks and challenges associated with Covid-19 spending in the public sector. 2. Impact of Covid-19 on the Financial Reporting and auditing role in maintaining the accountability.
Title: The Impact of COVID-19 on Financial Reporting and Auditing in the Public Sector Main risks and challenges associated with COVID-19 spending in the public sector:
The COVID-19 pandemic has significantly affected the public sector's financial landscape, giving rise to several risks and challenges. Firstly, there has been a surge in government spending to address the health crisis and mitigate its economic impact. This increased spending has exposed the public sector to the risk of fraud, misappropriation, and improper financial management. With the urgency to disburse funds quickly, proper due diligence and oversight measures may be compromised, leading to potential misuse of public resources. Additionally, the pandemic has disrupted normal procurement processes, making it challenging to ensure transparency and competitive bidding for public contracts.
Impact of COVID-19 on Financial Reporting and Auditing in maintaining accountability:
The COVID-19 pandemic has had a profound impact on the financial reporting and auditing functions within the public sector, significantly affecting the maintenance of accountability. Firstly, the crisis has caused substantial economic volatility and uncertainty, leading to increased complexities in financial reporting. Government entities must grapple with new accounting treatments for stimulus packages, loan forgiveness programs, and grants, requiring careful assessment and disclosure to provide accurate and reliable financial information.
Moreover, the shift to remote work arrangements and disruptions in internal controls have raised concerns regarding the accuracy and completeness of financial data. With limited access to physical documents and potential delays in information exchange, there is a heightened risk of errors, omissions, and fraudulent activities. Consequently, auditors face challenges in conducting thorough and effective audits to ensure the integrity of financial statements and compliance with relevant regulations.
To mitigate these challenges, public sector entities should strengthen their internal control systems, enhance transparency and accountability measures, and invest in technology to facilitate remote auditing and financial reporting processes. Additionally, collaboration between governments, auditors, and oversight bodies is crucial to address emerging risks and implement robust monitoring mechanisms.
In conclusion, the COVID-19 pandemic has presented significant risks and challenges in the public sector, particularly in terms of financial reporting and auditing. Effective measures must be implemented to ensure the appropriate use of funds, maintain accountability, and provide accurate financial information during these unprecedented times.
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The three primary reactions people have to attempts to manage or influence them are
Answer:
Resistance, Compliance, or Commitment.
Explanation:
HOPE THIS HELPS!!! ;P
at the end of the month, abc co.'s petty cash fund contains $4 in cash and receipts for postage of $50 and delivery expenses of $44. it started out with $100 in the fund at the beginning of the month. demonstrate the journal entry to replenish the account and recognize its shortage by choosing the correct action from those given below.
To replenish the account and recognize its shortage, the correct action is to debit the cash account and credit the various expense accounts. Therefore, the journal entry to replenish the petty cash fund and recognize its shortage would be: Debit: Postage Expense $50Debit: Delivery Expense $44Debit: Petty Cash Over and Short $2Credit: Cash $96.
Choosing the correct action to replenish the account and recognize its shortage are as follows: Journal Entry: Date Account Title Debit Credit Replenish Petty Cash Fund Account Dr.100Cash Account Cr.100(To record the replenishment of the petty cash account)Postage Expense AccountDr.50Delivery Expense AccountDr.44Cash AccountCr.94(To record the reimbursement of the various petty cash expenses)Note: The difference between the cash in the petty cash account and the total receipts is the expense of the petty cash replenishment.
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If an agent permits an unlicensed employee to perform acts for which a license is required, the agent is subject to having his/her license:
A. Denied
B. Suspended or revoked
C. Withheld
D. Decertified
Sometimes events on Salesforce need to be handled by an external system due to the scale or type of process being executed. Consider the use case of a user in Salesforce needing to get pricing for an order they are building in Salesforce while on the phone with a customer. The pricing logic already exists in a third-party system. Instead of creating this logic in Salesforce, it will be leveraged by making a request of the third-party system. The response, in this case the pricing, will be returned and stored back in Salesforce. What is the optimal solution
Answer:
A trigger that upon saving
customer order, will make a real time callout saving the pricing back in Salesforce
Explanation:
Salesforce a software that is used to organise customer interactions in such a way that transactions between the company and customer is effectively managed by the software.
In the given scenario pricing needs to be handled by an external system. The response will be returned and stored back in Salesforce.
Instead of doing this manually the best solution will be to have an trigger that starts a real-time callout, saving the pricing back in the salesforce.
An trigger allows one to perform customised actions before or after an event. The action can be an update or deletion.
why irs warns millions across us to hold off on filing taxes
Millions of people in more than 20 states, including California, Colorado, and Florida, who got tax refunds the previous year are being urged by the IRS to postpone filing their taxes.
Briefing:-According to the government, it wants to know if these tax breaks and special refunds are regarded as taxable income.
Can a firm be closed down by the IRS?If you owe taxes and are unable to pay them, the IRS may shut down your company. The IRS has the right to take legal action to enforce a lien. The business might be forced to close its doors and all of its assets might be taken.
What causes a business audit by the IRS?An IRS audit may result from excessive spending or significantly different expenses from one year to the next. Even though you could have a company credit card, you shouldn't make a lot of purchases. For instance, it may be suspicious to claim all of your meals throughout the working day as business costs.
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a ________ gives you the probability of support for your hypothesis based on your sample evidence and sample size.
A hypotheses test gives you the probability of support for your hypothesis based on your sample evidence and sample size.
In statistics, the process of hypothesis testing involves putting an analyst's presumption about a population parameter to the test. The type of data employed and the purpose of the study will determine the methodology the analyst uses. Using sample data, hypothesis testing is done to determine whether a claim is plausible. This data could originate from a broader population or a process that creates data.
An analyst performs hypothesis testing on a statistical sample with the intention of demonstrating the validity of the null hypothesis.
A randomized portion of the population being studied is measured and examined by statistical analysts in order to test a hypothesis. To test the null hypothesis and the alternative hypothesis, all analysts employ a random population sample.
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Which of the following is a challenge for a business that wants to begin exporting?
A) increasing company profits.
B) identifying a target market.
C) improper use of a trademark
D) Generate tax dollars for another country.
Ownership is held in ________ when all the rights of ownership in a particular piece of property are held by one person
Ownership is held in Severalty Ownership when all the rights of ownership in a particular piece of property are held by one person.
When a single person, business, or other entity owns the property, this is known as Severalty Ownership. The name of the phenomenon refers to the cutting off of a solitary owner from other owners' rights to ownership.
The property's owner in severalty is the only person with ownership rights, and they are also the only ones with the authority to sell, bequeath, encumber, or otherwise transfer all or any portion of those rights to another person.
Those parties are known as co-owners or concurrent owners when they hold title to a piece of real estate jointly or severally. Depending on the state, co-owners may own a property as tenants by the entirety or communal property if they are married or part of a legal civil union.
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Carlos works to maintain a fish hatchery. The fish hatchery provides fish to many public lakes to keep their stock levels high. Carlos most likely works in
Answer:
B. Aquaculture
Explanation:
Carlos works to maintain a fish hatchery. The fish hatchery provides fish to many public lakes to keep their stock levels high. Carlos most likely works in Aquaculture. Thus the correct option is B.
What is Aquaculture?Fish, shellfish, and aquatic plants are grown, cultivated, and harvested through aquaculture. It is agribusiness in the United State which is a sustainable source of both commercial goods and food.
Carlos helps keep a fish hatchery running smoothly. For many public lakes to maintain high stock levels, the fish hatchery supplies fish. The above description fulfills the traits of Aquaculture.
By using it, threatened or endangered species stocks can be rebuilt and ecosystems can be made healthier. It lessens the burden on wild fish while contributing to meeting the world's rising demand for seafood and supplying developing nations' citizens with wholesome protein.
Therefore, option B is appropriate.
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The complete question is Probably
Carlos works to maintain a fish hatchery. The fish hatchery provides fish to many public lakes to keep their stock levels high. Carlos most likely works in
Livestock.
Aquaculture.
Agribusiness.
Recycling.
Why did Constantine establish a new capital of the Roman Empire in Byzantium?
Answer:
From the year 330 and by order of the Emperor Constantine, the city of Byzantium became the capital of the Roman Empire. The main motivation behind this decision was strategic: the city of Byzantium, later renamed Constantinople, was located in what we know today as Istanbul, Turkey, on the intercontinental passage between Europe and Asia. Thus, this city was right in the middle of the main route that connected the Roman Empire with the cities of the Middle East, India and China, being fundamental for the control of said trade and the exercise of a notable political and economic influence in the region.
how a commitment to a decision could assist a school leaver to adapt to the change of entrepreneurship?
The commitment to a decision could assist the schooler leaver to adapt to the change of entrepreneurship by enabling them to remain focused.
What is entrepreneurship?Entrepreneurship refers to the ownership of a business. The entrepreneur is an innovative and insightful person who starts a business to enjoy the advantages accruing from entrepreneurship, including independence.
Thus, the entrepreneur, who wants to reap the profits after bearing some risks, needs to remain focused.
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ok so plz do not take these points.
if ur reading this plz listen to ghost by badflower and then answer and tell me what u think and if u have also recently felt like that.
Answer:
its a good song i think its touching and yes i have recently felt like that.
Explanation:
For a market to be characterized by monopoly, there must be Multiple Choice good information about sales and costs. indistinguishable products being sold. barriers to entry and exit. a large number of firms with no one able to influence price.
A market characterized by monopoly refers to a situation where there is only one seller or producer of a particular product or service in the entire market. In such a scenario, the single firm has complete control over the market, including the ability to influence prices and supply.
To identify a monopoly, several conditions must be met:
1. Indistinguishable products being sold:
In a monopoly, the firm sells a product that has no close substitutes available in the market.
This means that consumers have no alternative options to choose from, and the monopolistic firm has a unique position in the market.
2. Barriers to entry and exit:
Monopolies are often protected by significant barriers to entry, which prevent other firms from easily entering the market and competing with the monopolistic firm.
These barriers can include high startup costs, legal restrictions, or exclusive control over key resources.
For a market to be characterized by monopoly, there must be indistinguishable products being sold, along with barriers to entry and exit.
These conditions allow the monopolistic firm to have control over the market, without facing competition from other firms.
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10. What influences consumer purchasing behaviors? (5 points)
Answer:
trends, the buyers personality, and other peoples influence
Explanation:
1. describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points) 2. describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points) 3. describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points) 4. describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points) 5. describe at least two methods you would use to identify job opportunities if you were looking for a job. explain why you would use these methods for job seeking. (1-2 sentences. 3.0 points) 6. write your answers to at least three of the lesson 1 questions on the what you want from your life page. (1-3 sentences. 3.0 points) tip: separately, you can write out a vision statement for yourself. since it's personal, you don't have to turn in your vision statement, but you should turn in your answers to at least three of the questions about what you want from your life. 7. describe a career you would like to have, and explain how you could get started and then advance in that career. (1-3 sentences. 3.0 points) 8. which part of the online job application was easiest for you to complete? which section was the most difficult? give at least one example of work experience, education, or special skills that you included in the application. (2-5 sentences. 3.0 points) caution: to protect your privacy, make sure you don't list the names of specific places where you've worked or gone to school.
Customer support, which is more common than phone support, is the best example of a task that makes a lot of sense in a company to outsource.
1. Even though the costs are high, there are many parts where hiring, providing office space, training, and paying taxes on support reps are not. It makes sense because it is the best way to outsource a company and improve the client experience.
2. Human resources personnel are responsible for keeping personnel policies for the companies for which they work up to date. These policies govern how a business is run, from hiring and firing to sexual harassment and workplace discrimination policies.
New employees are given personnel policies to review, and they are frequently asked to sign a statement stating that they have read and understand the policies. Policies and procedures differ from one company to the next, but certain elements are shared.
3. Where they live, where they came from, and who to contact if something bad happens.
Working Conditions: Know what's around you and whether or not it's safe for workers.
They must have three or four skills: Being able to complete the work assigned to them.
4. Employees in your organisation can be a valuable source of knowledge when it comes to recruiting. They have friends and acquaintances in the same industry. Create a policy that allows employees to refer qualified candidates for open positions in the company.
When recruiting employees, a wise recruiter will look for attitude rather than skills. The best candidate should have a positive attitude towards a position that requires the required skills, which is often difficult to find. As a recruiter, the technique to use here is to find someone who has a positive attitude towards a job posting.
5. If I were looking for work, the two methods I would use to find it would be internships and company websites. Internships: Since I am unemployed, obtaining a brief position with a reputable organization is an excellent way for me to gain a foothold in the industry, or to provide me with valuable business contacts to convene upon in the future.
Websites of Businesses: If I want a job and want to learn more about the company, I should look at the job section of the company's website. If I see opportunities on the company's website, there's a chance I'll get the exact opportunity I've been looking for.
6. What are your shortcomings? My weaknesses include difficulty focusing, impulsiveness, occasional lack of motivation, and a desire to be recognised for my efforts.
Who are the most important people in your life? My mother, grandfather, and best friend. I would do anything for them, and they are aware of this. I am more concerned with their well-being than with my own because they inspire me to pursue any opportunity that comes my way.
What skills do you have in particular? I am skilled at motivating and assisting others. I recognize my flaws and strive to improve in any way, shape, or form. I am also very approachable.
7. I'm not sure what career I want to pursue, so I'll use an example. If I wanted to work in the veterinary field or be an animal doctor, I would volunteer at the SPCA or animal shelters to gain hands-on experience and a first-hand understanding of what my career would entail. Your prior knowledge of animals on your resume would look good, and they would hire me because of it.
8. The most straightforward section was the general information page. Include your name, age, and other pertinent information. The section on goals was the most difficult for me because I don't really have any concrete goals at this point in my life and am stuck choosing between multiple career options.
One example of a previous experience I had was volunteering at my church (when I was religious). Now I mostly serve as my mother's secretary for her job, relaying information from voicemail, driving her, and taking notes for her meetings.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Which of the following describes a conflict which happens between a supervisor and a subordinate?
O Intrapersonal conflict
Group conflict
O Intergroup conflict
O Interpersonal conflict
A conflict between a supervisor and a subordinate can be described as Interpersonal conflict.
What is interpersonal conflict?Interpersonal conflict refers to conflict whereby there are at least two people involved. This means that interpersonal conflict refer to issues that a person has with another person, or group of people.
When there is a conflict between a supervisor and a subordinate, these are two different people which means that it is therefore an interpersonal conflict. Intrapersonal conflict on the other hand, refers to when a person has a conflict within themselves about how they should take certain decisions.
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True or false Interpersonal workplace skills deal with your ability to get along with other people.
The given statement "Interpersonal workplace skills deal with your ability to get along with other people" is True because Interpersonal skills, also known as soft skills, people skills, or emotional intelligence, refer to the abilities that individuals possess to communicate effectively with other people and develop and maintain relationships.
Interpersonal workplace skills are critical in the workplace as it helps people in the organization interact with each other positively and enhances teamwork in the workplace. Individuals who possess strong interpersonal skills can work together effectively and efficiently, which leads to increased productivity in the organization. Some of the key interpersonal skills that people must have to thrive in a work environment include active listening, effective communication, conflict resolution, collaboration, time management, and empathy. Active listening is a vital interpersonal skill that individuals must have to thrive in the workplace.
It entails concentrating on the speaker, summarizing the information they provide, and asking relevant questions. Effective communication is another critical interpersonal skill. Clear communication ensures that every member of the organization understands the information and requirements communicated to them. Conflict resolution is also an essential interpersonal skill that individuals must have. It involves finding amicable solutions to disagreements between colleagues.
Collaboration is an essential interpersonal skill as it helps people work together towards common goals. Time management is also a critical interpersonal skill as it ensures that tasks are completed within the allocated time frame. Finally, empathy is an essential interpersonal skill that helps individuals understand and relate to the feelings and experiences of other people.
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Canon was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox had not envisioned was the possibility that the components of the copying machine could be put together in an altogether different way that was more user-friendly. This example describes
Answer:
architectural innovation
Explanation:
The scenario is describing the term known as architectural innovation. This refers to the innovation of the specific architecture of any product that changes and/or modifies the way the different components of the machine link or relate to each other, thus allowing it to perform new functions or the same functions but in a much more user-friendly manner. This is what Canon did by changing the architecture of the copying machine so that it was more user-friendly for the end consumer.
An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
and tight control by the parent company over most aspects of worldwide operations is known as the model.
A. international
B. multinational
C. global
D.
transnational
E. intranational
Ben and jerry are partners in an ice cream shop. They both work in the ice cream shop and share profits and expenses equally. Jerry thinks that expanding their ice cream shop to include a soda fountain would attract more customers. Without getting Ben's approval on the deal, Jerry signs a contract with the construction company to begin building the soda fountain. When Ben finds out, he is furious and says that he will not be responsible for payment under the contract. The construction company can enforce the contract against: jerry only. both Ben and jerry. Ben only. neither Ben nor Jerry, Bly and Ahmik are partners in a sandwich shop. They have been struggling for the last couple of years and, finally, decide to close the sandwich shop and dissolve the partnership. During the winding-up process, Ahmik spends most of his time pursuing his next venture, so Bly is handling most of the work involved in collecting and preserving partnership assets and paying the debts of the partnership. If Bly requests payment for his services in winding up the partnership: he is not entitled to payment for those services, because it is part of his duty as a partner. he is entitled to payment for those services. he is not entitied to poyment for those services, because he receives a share in the partnership profits. x he is entitied to payment for those services only if the partnership agreement provides for it.
The construction company can enforce the contract against Jerry only, and Bly is entitled to payment for his services in winding up the partnership.
The construction company can enforce the contract against Jerry only. In a partnership, partners generally have equal authority to bind the partnership in contracts. However, Jerry's decision to sign the contract without Ben's approval makes it a breach of their partnership agreement. As a result, Ben can argue that he is not responsible for the payment under the contract.
Bly is entitled to payment for his services in winding up the partnership. Although partners have a duty to contribute their time and efforts to the partnership, the extensive work involved in collecting and preserving assets and paying debts during the winding-up process goes beyond the ordinary duties of a partner. Therefore, Bly can request payment for these services, unless the partnership agreement explicitly states otherwise.
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issued a cheque of rs. 39000 to Saurya stores in full settlement.
journal entry
Answer:
When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.
You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.
Date Account Title Debit Credit
XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
QUICKLY PLEASE ITS TIMED!!!!
Which of the following approaches measures team performance by the team's ability to meet specific, predefined goals
O the results approach
the behaviors/process approach
the goals approach
the outcome approach
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
What is result approach?Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.
Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.
Therefore the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
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The weather channel would most likely use a system where supervisors would be asked to rate their subordinates on various subjective characteristics like quality of work, quantity of work, dependability, cooperation, and creativity. systems like this are referred to as
The system you are describing is commonly referred to as a performance appraisal system. It is a process of evaluating an employee's job performance against predetermined standards and criteria.
The purpose of this system is to provide feedback to employees on their strengths and weaknesses, identify areas for improvement, and make decisions about promotions, raises, and terminations.
The performance appraisal system typically involves supervisors rating their subordinates on various subjective characteristics like the quality of work, the quantity of work, dependability, cooperation, and creativity, as you mentioned. However, some organizations also use objective measures, such as sales figures or customer satisfaction ratings, to evaluate job performance.
There are different types of performance appraisal systems, including graphic rating scales, behaviorally anchored rating scales, and 360-degree feedback. Each type has its advantages and disadvantages, and organizations should choose the one that best fits their needs and culture.
It is important to note that performance appraisal systems can be controversial, as they are subject to biases and can create tension between employees and their supervisors. Therefore, it is crucial to ensure that the system is fair, transparent, and based on objective and measurable criteria.
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suppose you are trying to switch banks or open a brand new credit card. which strategy will likely lead to the worst long-term outcome?
Look for introductory discounts or sign-up bonuses that will make the product affordable.
How do you use discounts to draw clients in?Discount System
Offer a particular incentive to attract new visitors.Reward dependable customers.improve earnings over the Christmas season.Take Advantage of Savings on New Products.Reduce the quantity of cart abandonments.Reward loyal consumers who bring you new business.Visitor Retargeting with a Custom OfferOffer subscription discounts.How do salespeople convince customers to make purchases?Discounts Have a Hurry Feeling. When discounts are provided, customers are encouraged to purchase more rapidly. This is in part because consumers are aware that, due to the concept of scarcity, there aren't always discounts available to help them save money.
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in the absence of externalities, which market structure produces the socially optimal quantity?
In the absence of externalities, which marketplace shape produces the socially greatest quantity of Perfect competition.
The required details about Perfect competition are mentioned below paragraph.
The paragraph that follows provides the necessary information regarding the Perfect competition.
Numerous buyers and suppliers compete fiercely, and prices reflect calls for and deliveries. Companies merely make enough money to support their business operations and nothing more. Different businesses may enter the market and drive down prices if they were to make more money. Perfect competition is a standard or the best kind to which actual market structures can be contrasted. Theoretically, perfect competition is the antithesis of a monopoly, in which only one company provides a good or service, and that company can charge whatever price it pleases because customers have no other options and it is difficult for potential competitors to enter the market.
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