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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.
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Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
The answer to the given blank above is SELF-FULFILLING PROPHECY. From the term itself, self-fulfilling prophecy refers is a kind of prediction made by someone which most likely becomes true, may it be directly or indirectly. Usually, this is a result of both belief and behavior. In the given scenario above, the waiter, serving poorly dressed customers, predicts that he is going to be tipped low and so he gives them bad service. As a result, he did really get a smaller tip, just as he expects or believes.
Answer:
= $80,273
Explanation:
Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease
= $82,773 -$ 6,000 + $3,000 + $500
=$80,273