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scoray [572]
2 years ago
14

An organization contracts with software developers to produce apps for clients. The organization is paid in part by how well the

app sells in the marketplace. Historically they have evaluated their developers primarily by this same outcome measure, how well the apps sell. The organization is considering adding process measures to the performance evaluation, e.g., time to completion, quality of code, coordination with other developers, client satisfaction.
1. Please explain any reason not to include these process measures in employee performance evaluations.
Business
1 answer:
Sever21 [200]2 years ago
8 0

Answer:

There is no reason not to include these process measures in the employee performance evaluations.

The method of appraisal which is being deployed here is very result-oriented rather than task-oriented. Result-oriented performance appraisals help employees to focus on the result while carrying out their task.  When setting these objectives, employer and employee usually agree to the terms during a joint consultative session.

Instead of measuring how much work has been done, it measures how much the employees has contributed to the desired effects for which the work was created.

In management parlance, this type of performance measurement/appraisal is called: Management by Objectives methods of Performance Appraisal.

Cheers!

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Decision Point: Your Final Meeting: RC Helicopter Piloting Radio controlled helicopter Your next client is Alan, who runs a high
hoa [83]

Answer:

Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market

Explanation:

You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.

8 0
1 year ago
Lester Company transferred the following assets to a newly created subsidiary, Mumby Corporation, in exchange for 40,000 shares
sammy [17]

Answer:

Lester Company

The accumulated depreciation amounts for buildings $35,000 and for equipment $60,000 were obtained as the differences between the costs and the book values of the assets.  The cost of a long-term asset is usually reduced to its book value by the total amount in the accumulated depreciation account.  The accumulated depreciation account shows the progressive amounts set aside annually as a write-off of the asset, showing its use over the period in accordance with the accrual concept and matching principle.  The accrual concept and matching principle require cost to be matched to the revenue it helps to generate.

Explanation:

Transferred Assets:

                                      Cost        Book Value   Difference  Explanation

Cash                            $40,000     $40,000        $0

Accounts Receivable   75,000        68,000        $7,000 (doubtful accounts)

Inventory                      50,000        50,000        $0

Land                             35,000        35,000         $0

Buildings                    160,000       125,000         $35,000 (depreciation)

Equipment                240,000       180,000        $60,000 (depreciation)

5 0
1 year ago
The center of gravity method determines the best x and y coordinates for multiple faclities by finding a central location and th
babymother [125]

Answer:

The answer is True.

Explanation:

The center of gravity method is a concept under <em>Operations Management</em> as it relates to facilities distribution such as warehouses or fulfillment centers.

Center of Gravity Strategy/Method is defined as a concept that seeks to calculate geographic coordinates for a potential single new facility that will minimize costs. Under this approach the main factors considered are:

  • Cost of Shipping
  • Markets
  • Volume of goods shipped

Operations managers prefer to use this approach in siting the location of their facilities because:

  • It minimizes cost.
  • It is simple to compute
  • It takes in to consideration existing facilities

How to use the Center of Gravity Method

Step 1:

  • Place existing facility(ies) such warehouse, fulfillment center, and distribution center locations in a coordinate grid.
  • situate the grid on an ordinary map.
  • The distances between the facilities must be noted.

Step 2:

Then, using the equations below,

   Fx= ∑ dix Vi/ ∑ Vi

   Fy= ∑ diy Vi/ ∑ Vi

Proceed to calculate the X and Y coordinates using these equations where Fx is the X (horizontal axis) coordinate for the new facility, and

Fy is the Y (vertical axis) coordinate for the new facility, dix is the X coordinate of the current location, diy is the Y coordinate of the existing location, and Vi is the volume of goods moved to or from the <em>i</em>th location.

Step 3:

After you have obtained the X and Y coordinates place that location on the map.

This approach allows for point of departure – or, literally, a starting point of where (from the perspective of longitude and latitude) you options are for where to grow your fulfillment or logistics network.

Cheers!

 

8 0
1 year ago
Which of the following approaches does the following statement represent: This approach takes into account non-market forces tha
soldi70 [24.7K]

Answer:

(a) Stakeholder approach

Explanation:

A stakeholder approach is the practice that managers formulate and implement processes that satisfy stakeholders' needs to ensure long-term success. According to the degree of participation of the different groups, the company can take advantage of market imperfections to create valuable opportunities.

8 0
2 years ago
Read 2 more answers
Garcia Co. owns equipment that cost $76,800, with accumulated depreciation of $40,800. Garcia sells the equipment for cash. Reco
ZanzabumX [31]

Answer:

1.

Debit Cash $47,000

Debit Accumulated depreciation account  $40,800

Credit Gain on asset disposal  $11,000

Credit Equipment asset $76,800

2.

Debit Cash $36,000

Debit Accumulated depreciation account  $40,800

Credit Equipment asset $76,800

3.

Debit Cash $31,000

Debit Accumulated depreciation account  $40,800

Debit Loss on asset disposal  $5,000

Credit Equipment asset $76,800

Explanation:

To recognize gain or loss on the sale of the equipment:

First, the company calculates the carrying amount of the equipment by using the original cost of the asset, minus accumulated depreciation.

Then, subtract this carrying amount from the sale price of the equipment. If the remainder is positive, it is a gain and if the remainder is negative, it is a loss .

In Garcia Co., the carrying amount of the equipment = $76,800 - $40,800 = $36,000

1. Garcia sells the equipment for $47,000 cash

Sale price - Carrying amount of the equipment = $47,000 - $36,000 = $11,000>0

The company records gain by entry:

Debit Cash $47,000

Debit Accumulated depreciation account  $40,800

Credit Gain on asset disposal  $11,000

Credit Equipment asset $76,800

2.  Garcia sells the equipment for $36,000 cash

Sale price - Carrying amount of the equipment = $36,000 - $36,000 = 0

The entry to record the sale:

Debit Cash $36,000

Debit Accumulated depreciation account  $40,800

Credit Equipment asset $76,800

3. Garcia sells the equipment for $31,000 cash

Sale price - Carrying amount of the equipment = $31,000 - $36,000 = -$5,000 <0

The company records loss of the sales by entry:

Debit Cash $31,000

Debit Accumulated depreciation account  $40,800

Debit Loss on asset disposal  $5,000

Credit Equipment asset $76,800

8 0
1 year ago
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