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Vanyuwa [196]
2 years ago
9

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst perfo

rming employees, using person-to-person comparisons, is known as
Business
1 answer:
timurjin [86]2 years ago
6 0

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".

<h3>What is forced ranking?</h3>

The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.

The problem with forced ranking are-

  • This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.
  • Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.

The forced rankings beneficial from an employee perspective, here are reasons-

  • This system teaches a manager how to assess employees objectively with the right management training.
  • When the management system needs to be improved or formalised, forced rankings are advantageous.
  • An essential component of business is analysing trends and developments.

To know more about example of forced ranking, here

brainly.com/question/6626507

#SPJ4

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Bain corp. owned 20,000 common shares of tell corp., purchased in year 1 for $180,000. on december 15, year 5, bain declared a p
amid [387]

Answer:

$300,000

Explanation:

Although the property dividend was distributed on January 15, year 6. the <u>amount that will be used is the value of the shares as at the declaration date and not the distribution date </u>

Hence, since the aggregate market price of the tell shares held by bain was $300,000. on the declaration date, the entry to record the declaration of the dividend should include a debit to retained earnings (or property dividends declared) of $300,000

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3 years ago
How do Human Services differ from other Consumer Services? is it to Human Services are nonprofit agencies that help individuals
Amanda [17]

The ACTUAL answer to this question is Human Services focus on helping individuals live better lives rather than providing solely commercial or corporate services. Originally I thought this was the right answer but I wanted to make sure, so the other person who answered this question made me doubt myself and choose the wrong answer. I would've gotten 100% if this person ACTUALLY knew the right answer instead of guessing. Also I was thinking that Human Services isn't non profitable, but I blew off any doubts because I ASSUMED they'd write the right answer because if you're gonna answer a question on here you should be sure that the info is correct. Please rate the other answer 1 star so people know not to trust their answer.

5 0
3 years ago
Read 2 more answers
Shiffon Electronics manufactures music players. Its costing system uses two cost​ categories, direct materials and conversion co
lys-0071 [83]

Answer:

1,100 units; 1,050 units

Explanation:

Calculation to determine the equivalent units for direct materials and conversion​ costs, respectively, for​ March

DIRECT MATERIALS CONVERSION COSTS L

Completed and transferred out

1,000 units 1,000 units

(300 units+800 units - 100 units)

Add Work in process, ending

100 units 50 units

(50% Complete*100 units=50 units)

Total equivalent units

1,100 units 1,050 units

Therefore the equivalent units for direct materials and conversion​ costs, respectively, for​ March will be 1,100 units; 1,050 units

4 0
3 years ago
An example of globalization of ________ is toyota opening a factory in kentucky.
sergiy2304 [10]
<span>An example of globalization of production is Toyota opening a factory in kentucky.</span>The expression "globalization" portrays the expanded portability of products, administrations, work, innovation and capital all through the world and vertical coordination of assembling and exchange on a worldwide level. Globalization of production alludes to the sourcing of merchandise and enterprises from areas around the world to exploit national contrasts in the cost and nature of elements of generation like land, work, and capital.
8 0
3 years ago
In which industry would customer evaluations of employee performance be the most useful?
irina [24]

In service sector industry would customers evaluation of employee performance be the most useful.

This activity happens in the service sector industry, where customers evaluate the employee performance. When positive reviews are shared then this boosts staff morale.

So seeing this their actions have a beneficial impact on the lives of the customers can be very motivating. So, to gain real-world knowledge of how your employee and organization is viewed by your customer, the best advantage is securing customer evaluation.

Hence, without this knowledge, you will have little proof that your internal human resources controls affect the business, either negatively or positively.

To learn more about service sector here:

brainly.com/question/13068979

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3 0
2 years ago
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