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elena-s [515]
1 year ago
6

Evaluating manager's performance on financial measures only has

Business
1 answer:
Pani-rosa [81]1 year ago
4 0

It is to be noted that when evaluating a manager's performance on financial measures there are some limitations. Hence, companies should consider measures nonfinancial to help evaluate manager performance.

Since Desktop Computer Company would like to calculate their cash conversion cycle, the factors included in computing this metric are:

  • days' sales in accounts receivable
  • days' sales in accounts payable (aka days payables outstanding)
  • days' sales in inventory.

<h3>What is Performance evaluation?</h3>

A performance assessment, also known as a performance review, performance evaluation, development talk, or employee appraisal, is a periodic and systematic procedure that documents and evaluates an employee's work performance.

The significance of successful performance evaluations is that they enable managers to provide fair and actionable feedback to their direct subordinates. This may boost employee engagement by providing significant praise and encouragement, as well as creating clear avenues for employee progress that are based on responsibility.

Learn more about performance evaluation:
brainly.com/question/29439902
#SPJ1

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During its most recent period, Raymond Manufacturing expected a job to cost $600,000 of overhead, $1,000,000 of materials, and $
Dima020 [189]

Answer:

Over-applied by $70,000

Explanation:

Overhead Rate: Expected overhead / Expected Labor cost

Overhead Rate: $600,000 / $400,000

Overhead Rate: 150% or $1.5 for every $1 cost of labor

Overhead Applied

Actual Labor Cost: $440,000

Overhead Applied: $440,000 * 150%

Overhead Applied: $660,000

Actual Overhead: $590,000

Over-Applied: Applied Overhead - Actual Overhead

Over-Applied: $660,000 - $590,000

Over-Applied: $70,000

4 0
4 years ago
Argument or Nonargument
12345 [234]

Answer:

To focus on the performance...the country does poorly.

Explanation:

Argument or Nonargument

To focus on the performance of the stock market is to zero in on an economic indicator that can do well even as the country does poorly. In 2006, for instance, the Dow Jones industrial average hit highs. According to the just released census data, however, median earnings fell one percent, and millions more Americans entered the ranks of the uninsured. Indeed, from 2000 to 2007 the S&P 500 gained more than 500 points. Meanwhile, the median household income fell by more than $900.The conclusion is....

a) According to the just released..ranks of the uninsured.

b) To focus on the performance...the country does poorly.

c) In 2006, for instance, the Dow Jones...hit highs.

d) Meanwhile...fell by more than $900

The key is to focus on the performance...the country does poorly

4 0
3 years ago
Zoco, a restaurant chain, introduced a new version of lemonade that was red in color and had a thick consistency. The company ha
erma4kov [3.2K]

Answer:

D. Contrast

Explanation:

Contrast is the situation whereby consumers are familiar with an idea and are unwilling to change the idea. It is situation whereby a product does not share enough existing or common information with known categories. In this scenario, the lemonade introduces didn't share common information with existing categories in the form of color and consistency, hence why consumers had negative response towards the drink.

5 0
3 years ago
: i can't believe it! now our pay depends on meeting goals! doesn't effort count for anything anymore? i have the same goals tha
viva [34]

Setting the pay according to the goals achieved by a group may not be considered beneficial to everyone, thus decreasing motivation. Pay-for-performance or according to individual performance may help motivate the employee but increasing individuality in terms of performance may also decrease group cohesiveness or group-related values. The speaker here shows depreciation by undervaluing another's work to overvalue or protect one's own.

6 0
3 years ago
What might cause a consumer to have an elastic demand for a product?
Mariana [72]
<span>D. The product is a necessity.</span>
3 0
4 years ago
Read 2 more answers
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