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2 years ago

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

1 answer:

Studentka2010 [4]2 years 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.

Find out more on performance management at brainly.com/question/24673911

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Answer:

Percentage change in price = 1.54%

Explanation:

The price of a bond is the present value (PV) of its interest payments and redemption value.

Note that interest payment = Coupon (%) × Face value

<em>The coupon rate is 12% in this question</em>

The redemption value is the amount payable upon maturity of the bond. Here, it is the face value.

So we discount these cash flows- interest payments and face value

Price of the bond at a yield of 6%

Interest rate payment = 6% × 1000 = 60

PV of interest payments = (1 - (1+r)^(-n))/r

r = yield, n = number of years

PV of interest:

60 × (1 - (1+0.06)^(-12))/0.06

= 60 × 8.3838

=$530.30

PV of redemption value = 1000 × (1+0.06)^(-12)

= 496.96

Price of Bond = 530.30 + 496.96 = $1027.26

Price of bond when yield is 5.5%

= 60 × (1 - (1+0.055)^(-12))/0.055

= 60 × 8.6185

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PV of redemption value = 1000 × (1+0.055)^(-12)

= 525.98

Price of Bond = 517.11+ 525,98 = $1043.09

Percentage change in price =

=( (1043.09-1027.26)/1027.26) × 100

= 1.54%

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Answer:

Explanation:

The case study about the decision making ability of Stan Eagle from the beginning of the set up of the company till the time he faced problem after its inception. Stan Eagle who runs a skate company was losing money when he and his partner Pete Williams combined the business of clothing with the business of selling skateboards. Stan’s partner decided to sell other types of sports equipment which he thought will generate more revenues for the company. But Stan was disturbed as he thought it was better to focus on sports that they had most expertise and believed there was a way to bring out profit from those sports. This disturbance led Stan to become confused on whether to listen to his friend or move on with his own decision and eliminate Williams his partner from the business by buying his shares.

Question:

How do the characteristics of management decisions – uncertainty, risk, conflict, and lack of structure – affect the decision facing Stan Eagle?

A. Uncertainty

Uncertainty is a state whereby a decision maker have insufficient information on the consequences of his actions. For Stan Eagle, this uncertainty was a cause for worry whether or not the company will succeed or not as he has no expertise about the new product line. Even if he enters the market with the new products, there is a doubt on how well he can manage the new business as he knows nothing about these sports. Thus, there is a big question whether or not he will make profit from it. The company will surely be operating under conditions of uncertainty with the lack of adequate information and cannot estimate accurately about the results of his actions.

B. Risk

Risk is when the probability of an action being successful is less than 100 percent. If the decision is wrong, one may lose money, time, reputation or other important assets. Thus, accepting William’s proposal is a huge risk to take. It is a fact that risk takers are admired, the reality is that good decision makers prefer to manage risk and minimize it. Stan should accept that decisions have risky consequences, but he should do everything he can to anticipate minimize and control the risk.

C. Conflict

Stan experienced psychological conflict when William offers a new idea for their product line. The conflict happens when he has to deliberate on whether the option is attractive or not. Also, conflict arises between people in the company, Stan and William are partners and they both have different opinions thus bringing forth conflicts between them.

D. Lack of structure

In the case of Stan Eagle, he encountered a non – programmed decision. Stan Eagle's Company faced a dilemma whether it should or should not invest in the new product lines. The idea proposed by Pete Williams is a new area for the company and Eagle has no expertise or experience in this line of business.

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