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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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Bric Autos Inc., a Campora-based automobile company, made a capital investment of $300,000 to set up production units and distri
MrMuchimi

The given investments are best known as Foreign direct investments .

<u>Explanation: </u>

Foreign direct investment (FDI) is an offer made by an individual Situated in some other nation in the context of holding ownership of an enterprise in one country. Therefore, the principle of direct control separates itself from an investment in a foreign fund.

For open markets instead of regulated equity markets, FDIs are widely used.

Types of Foreign direct investment are horizontal, vertical and multinational. In another region, Horizontal defines the same company category, while vertical is related but separate, and conglomerates are different firms.  

FDI to the US is continuously tracked by the Bureau of economic analysis.

The example of an FDI is Apple's venture in China.

7 0
3 years ago
During the recession witnessed in early 2001, many firms laid off their employees and downsized. the reason for this decrease in
nevsk [136]
<span>During the recession witnessed in early 2001, many firms laid off their employees and downsized. The reason for the downsizing of employees from these firms in 2001 was the incompetency and poor performance of the employees. It may sound mean but to the company, this is advantageous since they can reduce the costing while at the same time maintain or increase the final goods.</span>
4 0
2 years ago
Assume that a consumer has a given budget or income of $24 and that she can buy only two goods, apples or bananas. The price of
Sindrei [870]

Answer:

12 bananas or 8 apples are needed to purchased

Explanation:

The computation of the number of bananas or the apples is shown below:

Since the income is $24

And, the price of an apple and the price of banana is $3 and $2 respectively

So, the number of bananas is

= $24 ÷ $2

= 12 bananas

And, the number of apples is

= $24 ÷ 3

= 8 apples

Therefore 12 bananas or 8 apples are need to purchased

7 0
3 years ago
The organization that supervises internet addressing is ___________.​
Vlada [557]
<span>The organization that supervises internet addressing is "ICANN".


</span>ICANN stands for the "Internet Corporation for Assigned Names and Number", and it refers to a non-profit association in charge of organizing the support and strategies of a few databases identified with the namespaces of the Internet, guaranteeing the system's steady and secure operation.ICANN plays out the technical maintenance work of the Central Internet Address pools and DNS root zone registries in accordance with the Internet Assigned Numbers Authority (IANA) work contract.
8 0
3 years ago
Read 2 more answers
: Jane and Sarah are both investors. Jane has invested thousands of dollars into one small company. Sarah has invested hundreds
Alja [10]

Answer:

Sarah has invested in sole proprietorship while Jane has invested in corporations

Explanation:

Sole proprietorship is owned and run by a single owner who is legally obligated for all business assets and liabilities. Since Sarah has invested thousands of dollars in one company, it looks like she has invested in sole proprietorship in which she is the owner.

Corporation is run by group of people who are not legally obligated for the assets and liabilities of the corporation. People can invest in more than one corporation as they are open for public offer. These investors earn dividends based on the earnings earned by the corporations So, possibly Jane has invested hundreds of dollars in different large companies.

7 0
3 years ago
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