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Sergio [31]
1 year ago
15

performance management requires knowing what activities and outputs are desired, observing whether they occur, and providing fee

dback to help employees meet expectations
Business
1 answer:
mina [271]1 year ago
5 0

The above statement is true.

  • An ongoing, continuous process of articulating and outlining work obligations, priorities, performance standards, and development plans that maximize performance and support organizational objectives.
  • The process of ensuring that a set of actions and outputs achieves the objectives of an organization effectively and efficiently is known as performance management. Performance management can be used to evaluate an employee, a department, a whole business, or the systems in place to handle certain tasks.
  • The performance management cycle is a smaller, continuous four-step process that uses planning, monitoring, reviewing, and rewarding as part of the performance management process or strategy.
  • Performance reviews, key performance indicators (KPIs), and management dashboards are a few examples of performance management procedures or instruments. Performance management is essentially what businesses undertake to increase their success and keep a step ahead of the competition.

Thus this is the meaning of performance management.

To learn more about performance management, refer: brainly.com/question/14506325

#SPJ4

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A company has an operating income of $100 million, depreciation of $15 million, an asset sale of $50 million, a capital expendit
Alexus [3.1K]

Answer:

145 millons free cash flow for the year

Explanation:

100 operating income

+ 15 depreciation (this expense do not involve cash, so they add up cash)

+50 long term asset sales (more cash in form of currency)

-10 capital expenditure (cash used purchase, mantaing or improve their assets)

-10 investment in working capital (we use it to adquire assets or pay liabilities)

-----

145 millons free cash flow for the year

6 0
4 years ago
Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu
anzhelika [568]
Walk, trolly (if in a city) Or cab, even a bicycle would do.
3 0
3 years ago
Fill in each blank with the correct number from the table.
klasskru [66]

Opportunity costs are the measures of things you must give up when you make a certain decision.

In this case, if country A decides to produce all petroleum, they are choosing not to produce 8 units of seafood. This is their opportunity costs because they are giving up the 8 units of seafood to make petroleum.

The same is true for country B. If they choose petroleum, they are giving up the ability to make 8 units of seafood.

3 0
3 years ago
Read 2 more answers
Bonita Wolfe purchased a media system for her home which included a television for $1,398.77, a computer for $895.60, surround s
viva [34]
She financed $655.88
5 0
3 years ago
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What is the company’s financial position? Please refer to the income statement and balance sheet for the Exceptional Service Gra
LuckyWell [14K]

Answer:

Gross profit margin requires revenue and gross profit of the company.

Current ratio = 1.386 x

Debt ratio = 0.123 x

Explanation:

Gross profit margin requires revenue and gross profit of the company which is provided in the question but it can be calculated using this formula ; Total revenue / gross profit . where Gross profit = Revenue - cost of goods sold

Current ratio is calculated using the formula ; current assets/ current liabilities lets assume the left column is for the most recent year then current ratio =  4612200/3325950 = 1.386x

Debt ratio is calculated using the formula ; total debts/total assets lets assume once more that the left column is the most recent year. note; total debts = long term + current notes payable  = 454800 + 277550

therefore debt ratio = 732350 / 5957800 = 0.123x

attached is the income statement and balance sheet

8 0
3 years ago
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