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.
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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.
Answer:
Secular bear market
Explanation:
A secular bear market is a long term trend that lasts between 5 to 25 years which consists of a smaller bull market and a larger bear market. It means that a small period of increase in prices is followed by a prolonged period of a decrease in price.
A secular bear occurred between January 1980 to June 1999 in the gold market. During this time, the price of gold fell $850/oz to $253/oz
A secular bull market is a long term trend that lasts between 5 to 25 years which consists of a small period of decline in prices is followed by a prolonged period of a rise in price.
Answer:
17%
Explanation:
To calculate this, we use the weighted average cost of capital (WACC) as follows:
Total capital = 15 + 5 = 20
Weight of equity = 15/20 = 0.75, or 75%
Weight of debt = 5/20 = 0.25, or 25%
WACC = (20% × 75%) + (8% × 25%) = 17%
Therefore, the company's cost of capital is 17%.
Answer:
It sacrifice short-term losses for long-term benefit.
Explanation:
As a result of you making a good business decision it allows you to absorb the short term losses in getting a better long time benefit that will last for decades of profit maximization that will cover times ten of your short term losses.
