Eddie was surprised to learn that not everyone would receive a bonus this year instead management plan to

Business

1 answer:

dmitriy555 [2]1 year ago

6 0

Eddie's company is using a forced ranking performance review system.

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

Forced ranking, the contentious practice of grading employees against one another rather than against performance criteria, is all the rage in corporate America.
Employees are evaluated from best to worst depending on their performance in a system known as forced ranking.
This system can be used to find top talent, assist managers in identifying individuals who require growth, and give a framework for granting incentives and promotions.
This not only makes staff feel unmotivated and disengaged, but also fosters unneeded internal competition, which can be harmful to synergy, creativity, and innovation and divert attention away from marketplace fulfillment.

Therefore, Eddie's company is using a forced ranking performance review system.

Know more about forced ranking here:

brainly.com/question/6626507

#SPJ4

The correct question is given below:
Eddie was surprised to learn that not everyone would receive a bonus this year. Instead, management planned to rank all of the employees in Eddie's division and award bonuses only to the top 20 percent in terms of sales. Eddie's company is using a(n) ______ performance review system.

You might be interested in

Accounting information systems integration

Arlecino [84]

Accounting information system integration is the process of standardizing the procedure for recording transactions and disseminating financial information. <span />

4 0

2 years ago

You are a leader in a paper manufacturer that has recently been charged with using too many trees and polluting groundwater arou

swat32

Not going to give a full solution, but with every tree they remove, they plant a new tree and they can turn to more Eco-friendly means of manufacturing, such as using non-hazardous materials.

I hope this helps give you a start on where to begin. Just go with this and research deeper.

4 0

2 years ago

Elegance Inc. is a large cosmetics company that made an initial small investment in a start-up company, Peace Planet, which was

mr Goodwill [35]

Answer:

B. real-options perspective.

Explanation:

Based on the scenario being described within the question it can be said that this approach to strategic alliance is referred to as a real-options perspective. This perspective refers to the ability of an individual or company to have the freedom to choose between logical financial options in capital investments in order to try and make the best choices and decisions. Which is what Elegance Inc. did when they saw that the company they were supporting was most likely to fail due to their unforeseen problem.

7 0

3 years ago

The Humongous Food Store (HFS) has a turnover ratio of 12. The turnover ratio is revenue divided by average inventory. This mean

Kazeer [188]

Answer: compare his turnover ratio to other grocery stores' ratios.

Explanation: The manager should "compare his turnover ratio to other grocery stores' ratios" since Humongous Food Store (HFS) is losing money but have a turnover ratio of 12.

A turnover ratio of 12 means that they sold everything in the store once per month. Turnover ratio is the percentage of mural fund or portfolio holdings that have been replaced in a given year or 12 months period.

8 0

2 years ago

A major problem with the implementation of an annually balanced budget is that it?

djyliett [7]

Answer:

A major problem with the implementation of an annually balanced budget is that it magnifies the fluctuations in the business cycle.

3 0

1 year ago