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Bingel [31]
2 years ago
13

An effective performance management system is comprised of four steps: defining performance, monitoring and evaluating performan

ce, reviewing performance, and providing consequences. This activity is important because, when administered properly, an effective performance management system is a powerful tool in your managerial repertoire for enhancing individual, group, and organizational effectiveness.
The goal of this exercise is to challenge your knowledge of the steps in the performance management process. cuook. Match each person to the step of performance management that his or her description best exemplifles.
1. Define Performance
2. Review Performance
3. Provide Consequences
4. Monitor and Evaluate Performance
Match eech of the options above to the items below.
A. Aileen and her supervisor discuss how the market is looking and how much of an increase sales she believes is realistic and attainable for this year.
B. Quentin has a discussion with his supervisor about how sales are going and whether or not it looks like he will make this year's budgeted sales figures.
C. While Vonda's sales are strong, they do not appear to be in line with what she and her supervisor anticipated, so they are meeting to discuss how she can boost her sales In time to meet her goals.
D. Yang receives his bonus check when he beats his sales goals by 10%.
Business
1 answer:
UkoKoshka [18]2 years ago
7 0

Answer:

Marching items with Performance Management Steps:

Item    Performance Management Step

A.        Define Performance

B.        Review Performance

C.        Monitor and Evaluate Performance

D.        Provide Consequences

Explanation:

1. Define Performance:  This is the stage when performance objectives and goals are clearly defined and agreed upon.  The best performance goals are SMART goals, which are specific, measurable, attainable, realistic, and time-bound.

2. Review Performance: This is the stage when a goal is reviewed in the light of operational realities.

3. Provide Consequences: This stage issues the reward and punishment for either good or bad performance.

4. Monitor and Evaluate Performance:  This stage enables realistic goals to be reset amidst performance uncertainty.

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Mr. Jackson purchases a home for $90,000. He paid $4,000 as an earnest money deposit, and is obtaining an 80% loan. Costs includ
Sergio [31]

Answer:

Mr. Jackson will need to bring a check to closing in the amount of $14,470

Explanation:

The computation of the closing amount is shown below:

= Down payment + title insurance + recording fees + tax proportion fee - = earned money deposit

where,

Down payment = Purchase cost × remaining percentage (100% - 80%)

                         = $90,000 × 20%

                         = $18,000

The other values remain same

So, the value would equal to

= $18,000 + $250 + $60 + $430 - $4,000

= $14,470

8 0
2 years ago
How might a Product Owner (PO) adjust team events to take advantage of this capability and promote the flow of value?
zlopas [31]

Answer:

hello your question is incomplete below is the complete question

An Agile Release Train (ART) has implemented a completely automated Continuous Integration/Continuous Delivery (CI/CD) pipeline that can deploy code as it is checked into the source-code repository. How might a Product Owner (PO) adjust team events to take advantage of this capability and promote the flow of value? 1. Release Stories that have been included in the team demo 2. Review and accept Stories as they are completed 3. Identify Stories that are cleared for automatic delivery during Iteration Planning 4. Implement Feature toggles to control which Stories are released

answer :  Identify Stories that are cleared for automatic delivery during Iteration Planning ( 3 )

Explanation:

The Best way a product owner( PO ) can adjust team events in order to take advantage of this capability and promote the flow of values is ; Identify Stories that are cleared for automatic delivery during Iteration Planning.

This is because this options identifies ART and its clearance.

6 0
2 years ago
The following changes took place last year in Pavolik Company’s balance sheet accounts:
irinina [24]

Answer:

1. $260

2. $103

Explanation:

1. Calculation to determine the net cash provided by operating activities for the year

PAVOLIK COMPANY

STATEMENT OF CASH FLOWS PARTIAL (USING INDIRECT METHOD)

FOR THE YEAR ENDED

Particulars Amount

Cash flow from operating activities

Net Income $100

Adjustments to reconcile net income to net cash provided by operating activities

Adjustment for non cash effects

Depreciation $82

Loss on sale of land $21

Gain on sale of investments -$25

Change in operating assets & liabilities

Increase in accounts receivable -$24

Decrease in inventory $58

Increase in prepaid expenses -$19

Increase in accounts payable $62

Decrease in accrued liabilities -$24

Increase in income taxes payable $29

Net cash flow from operating activities (a) $260

Therefore Using the indirect method the net cash provided by operating activities for the year is $260

2. Preparation of a statement of cash flows for the year

PAVOLIK COMPANY

STATEMENT OF CASH FLOWS (USING INDIRECT METHOD)

FOR THE YEAR ENDED

Particulars Amount

$

Cash flow from operating activities (a) $260

Cash Flow from Investing activities

Property,plant and equipment purchased -$395

Long term investment sold $46

Land sold $24

Net cash Flow from Investing activities (b) -$325

(-$395+$46+$24)

Cash Flow from Financing activities

Cash dividends paid -$18

Common stock purchased -$96

Bonds issued $204

Net cash Flow from Financing activities (c) $90

(+$204-$18-$96)

Net Change in cash c=a+b+c -$25

Beginning cash balance $128

Closing cash balance $103

($128-$25)

Therefore the statement of cash flows for the year is $103

4 0
2 years ago
Bess wrote four checks last month, and these were the only transactions for her checking account. According to her check registe
Wittaler [7]

Answer: $184.34 

Bess issued four  checks with amounts $175.17, $175.53, $175.35,and $184.34. With the total amount she issued, she expected her balance based on her cash register to be $869.96, but as per bank statement, her balance is $1054.13.

To get the amount of check which is not cleared yet, we have to deduct the balance in the cash check register from that of the bank statement:

$1054.13-$869.96 =184.17

$184.34 is the best answer because it is the last he wrote and the discrepancy of 0.17 may be due to some bank charges Bess had not recorded.

3 0
2 years ago
Read 2 more answers
Urban’s, which is currently operating at full capacity, has sales of $47,000, current assets of $5,100, current liabilities of $
Nataly_w [17]

Answer:

AE = Increase in Assets - Increase in Liabilities - Profit × (1- payout ratio)

= [($51,500 + $5,100)×0.03 - ($6,200)×0.03 - ($47,000×1.03×0.05)×(1-0)]

= -$908.50

<em>Here, it can be clearly denoted that the firm does not need to raise the additional equity .</em>

Explanation:

Given :

Sales = $47,000

Current assets = $5,100

Current liabilities = $6,200

Net fixed assets = $51,500

Profit margin = 5 %

Sales are expected to increase by 3 percent next year

∴

The additional equity financing(AE) can be computed as follow:

AE = Increase in Assets - Increase in Liabilities - Profit × (1- payout ratio)

= [($51,500 + $5,100)×0.03 - ($6,200)×0.03 - ($47,000×1.03×0.05)×(1-0)]

= -$908.50

Here, it can be clearly denoted that the firm does not need to raise the additional equity .

6 0
2 years ago
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