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.
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Answer:
The firm's profit maximization price = $81.25
Explanation:
We are given:
Marginal cost MC = $65
Elasticity of demand ED = -5
Therefore, Using the rule of thumb pricing, we have the equation:
P = $81.25
Therefore the firm's profit maximization price is $81.25
Answer:
Option (c) is correct.
Explanation:
Labor (Variable input) hired = 151 units
After hiring this much units of labor, a firm incurred:
Marginal cost of hiring (MFC) = $0.30 and marginal product of labor (MRP) = $0.33
The firm continuing hiring new labor until the point at which marginal cost of hiring labor is equal to the marginal product of labor.
In this case, MFC is less than the MRP, so firm should increase the use of labor till the MFC becomes equal to the MRP.
Information sharing reduces information lead time, enabling each organization to plan according to end demand and not according to the orders placed immediately downstream.
Explanation:
The Bullwhip effect is a trend of the distribution channel where estimates result of inefficiencies in the supply chain. Of reaction to fluctuations the market demand the inventory swings are growing, as the supply chain continues to grow.
The effect of the bullfight generally flows up the supply chain, starting from the retailer, wholesaler, dealer, producer and then the supplier of the raw materials.
This method does not include daily fluctuations to run level. Another way of reducing the bullwhip effect is by eliminating the delays along the supply chain. In general, the fluctuations in the supply chain can be reduced by 80% by cutting order to supply time by half in both real supply chains and supply chain simulations
As it is known that future cash flows are
risky in nature so it is not possible to discount them at risk free rate. So
investor must discount the future cash flows based on the equity cost of
capital. It is the expected return of the other investments available in the market
with same kind of risk to the firm’s share.
Price of the stock can be found by using
the cost of equity equation which is as follows:
Po = Div_1 + P_1 / 1 + r_E
$15 = 0.8 + X / 1.12
X = $16
So the expected selling price of the
stock is $16.00
