Answer:
Required Asset to increase sales by 16% is $480,000
Increased liability percentage is $64,000
Added to retained earnings $319,000
Explanation:
Answer:
an uninformed sales rep.
Explanation:
The phrase 'I don't know 'is forbidden in the customer service language. It implies that the customer service agent lacks knowledge or basic training to perform his or her duties. The expression reflects poorly on the agent and the employer.
Customers expect service agents to know most, if not everything, about their organization's products and services. That's the reason they seek support from the service department
Answer:
The amount which is to be debited to the account of Patents is $35,000
Explanation:
Patent is the right which is given to an investor to stop other people or an individual using or making their invention.
So, company incurred $150,000 for the research and development costs in order to develop the patent and $35,000 is paid for legal fees.
Therefore, the amount of $35,000, is the aggregate amount of patent as it is paid in obtaining the patent.
Answer:
- <u>Members of teams with high cohesiveness feel higher loyalty to the team and have better job satisfaction.</u>
- <u>Teams with high cohesiveness are generally more productive due to the energizing effect of regular interaction among team members.</u>
Explanation:
Remember, cohesiveness looks at the degree to which team members <em>stick</em> together in times of difficulties.
Also cohesive teams are good communicators; they would involve in regular interactions among team members, an attitude which when applied to an organisation setting would increase the team's productivity.
Answer:
Administrative.
Explanation:
The ways in which organizations use the system to provide information for day-to-day decisions about salary, benefits, and recognition programs falls under the <u>Administrative</u> purpose of a performance management system.
Performance management system: It is a system used to evaluate the performance of the employee and rewarding them on the basis of their performance. It also helps in defining the required role of an employee in a given time, which creates transparency in the evaluation process. It serves as a basis for improving employees' knowledge and skills, which motivate employee for better performance.
There are three purposes of performance management:
- Strategic purpose.
- Administrative purpose.
- Developmental purpose.
Strategic purpose: It is defined as how effective performance help the organization to grow.
Administrative purpose: It is defined as how organizations use the system to provide information for day-to-day decisions about salary, benefits, and recognition programs.
Developmental purpose: It is defined as how system helps organization in developing employee´s skill and knowledge.
