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1 year ago

_____ is a series of activities designed to align and improve individual performance to drive organizational results.

1 answer:

Studentka2010 [4]1 year ago

6 0

When a series of activities are designed to align and improve the individual performance of a company so as to drive organizational results, this is performance management.

<h3>What is performance management?</h3><h3 />

Performance management refers to the various actions that a company uses to ensure that its employees are productive enough to meet the results demanded by the organization.

These actions and activities can range from testing employees on the key productivity matrices of their work, to installing new lights and replacing old ones if it means improving performance.

In other words, performance management is a very important part of a business as it drives production which then leads to more goods and services being available for sale, which leads to more revenue, and higher profit.

In conclusion, performance management involves all activities that were made to ensure that employees can drive organizational results.

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How can business help in solving social problem

Katen [24]

Business generates those resources when it makes a profit. And those resources can help to solve social and environmental problems, they only have to reallocate these profits to social problems. Many companies don't still know but, when they really make profit is when they solve social problems.

3 0

2 years ago

Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satisfy warranties on its

timofeeve [1]

Answer:

Explanation:

The journal entry is shown below:

Income tax expense A/c Dr $30,035,000

To Deferred tax asset A/c $35,000

To Income tax payable A/c $30,000,000

(Being the income tax expense is recorded)

The computation is shown below:

For deferred tax asset:

= Deferred tax rate - Warrant liability × tax rate

= $435,000 - $1,000,000 × 40%

= $435,000 - $400,000

= $35,000

For income tax payable:

= Taxable income × tax rate

= $75,000,000 × 40%

= $30,000,000

3 0

2 years ago

Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials$5.25 Direct labor$3.90

Vikentia [17]

Answer:

$16,050

Explanation:

The computation of the total amount of the period cost is shown below:

= Sales commission per unit × number of units sold + Fixed selling and administrative expense + Variable administrative expense per unit × number of units sold

= $1.80 × 4,500 units + $6,600 + $0.30 × 4,500 units

= $8,100 + $6,600 + $1,350

= $16,050

7 0

3 years ago

In home replication strategy, knowledge flow is multidirectional, while in transnational strategy, it is one-way.

iVinArrow [24]

In home replication strategy, knowledge flow is multi directional, while in transnational strategy, it is one-way. This statement is False.

The companies offer standardized products and exploit the parent companies knowledge through the world. Their key strategic capability basically is to transfer the home countries innovations worldwide.

An example can be taken from the German automotive industry, which uses a home replication strategy when entering new markets.

The businesses provide uniform products and make use of the parent firms' knowledge globally. Their primary strategic capability essentially consists of exporting domestic ideas to other countries.

The German auto sector, which employs a home replication strategy when entering new markets, serves as an illustration.

Hence, option B is correct.

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5 0

1 year ago

PB9-2 Recording and Interpreting the Disposal of Long-Lived Assets [LO 9-5] During the current year, Rayon Corporation disposed

sasho [114]

Answer:

Machine A entries

Debit Other income/disposal account (p/l) $60,000

Credit Asset account $60,000

Being entries to derecognize the cost of the Machine A

Debit Accumulated depreciation account $28,000

Credit Other income/disposal account (p/l) $28,000

Being entries to derecognize the accumulated depreciation on Machine A

Debit Cash account $33,500

Credit Other income/disposal account (p/l) $33,500

Being entries to record the amount received from the disposal of machine A

<u>Machine B entries</u>

Debit Other income/disposal account (p/l) $14,200

Credit Asset account $14,200

Being entries to derecognize the cost of the Machine B

Debit Accumulated depreciation account $7,365

Credit Other income/disposal account (p/l) $7,365

Being entries to derecognize the accumulated depreciation on Machine B

Explanation:

When the amount received from the disposal of an asset is higher than the carrying value of the asset, the company makes a gain on disposal. The proceed from the disposal of an asset may be recorded in the disposal or other income account.

On disposal, the carrying amount of the asset is derecognized by

Debit Other income/disposal account (p/l)

Credit Asset account

with the cost of the asset, then,

Debit Accumulated depreciation account

Credit Other income/disposal account (p/l)

With the accumulated depreciation of the asset at the date of disposal,

Furthermore,

Debit Cash account

Credit Other income/disposal account (p/l)

with the amount received from the disposal or sale of the asset

7 0

3 years ago