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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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B. at the intersection of supply and demand

Explanation:

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In a graph showing the demand and supply curve, the equilibrium point is the intersection of the supply and demand curve.  

8 0
2 years ago
AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and
kherson [118]

Answer:

I used an excel spreadsheet since there is not enough room here. I ordered the given data:

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Revenue                                                        $276                $33,130

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Download pdf
5 0
2 years ago
As the Product Life Cycle curve approaches the decline state, a company can attempt to jumpstart the curve again by doing which
ExtremeBDS [4]

Answer:

correct answer is a. Find new users and new uses

Explanation:

As Product Life Cycle curve approach decline state

so company jump start by doing Find new users and new uses for the product help to attract the new target market and with the help of new style to product and usages so that it can increase sale and profits

and that company can do by change the element of its marketing mix as some excellent product last long in market that full fill to trends

so here correct option is a. Find new users and new uses

7 0
3 years ago
Which of the following savings options pays an interest rate that changes with the market rate of interest?
SashulF [63]

I am pretty sure that the answer is the money market account
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2 years ago
Insurance is an example of a(n)_______
Andre45 [30]

Answer:

Based on my research I believe that the answer is 'A. Fixed Cost'.

Explanation:

I hope this was helpful, have a blessed day.

8 0
3 years ago
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