Answer:
Marching items with Performance Management Steps:
Item Performance Management Step
A. Define Performance
B. Review Performance
C. Monitor and Evaluate Performance
D. Provide Consequences
Explanation:
1. Define Performance: This is the stage when performance objectives and goals are clearly defined and agreed upon. The best performance goals are SMART goals, which are specific, measurable, attainable, realistic, and time-bound.
2. Review Performance: This is the stage when a goal is reviewed in the light of operational realities.
3. Provide Consequences: This stage issues the reward and punishment for either good or bad performance.
4. Monitor and Evaluate Performance: This stage enables realistic goals to be reset amidst performance uncertainty.
Answer:
Yes
Explanation:
Making profit is a good thing because Profit equals a company's revenues minus expenses. Earning a profit is important to a small business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business. Companies cannot remain in business without turning a profit.
Answer:
Option C, An decrease in the price of golf balls, is the right answer.
Explanation:
Option “C” is correct because as per the law of demand, the price of a commodity and its demand are inversely related to each other. If the price increases, then the demand for the commodity falls. If the price of the commodity falls, then the demand increases. Similarly, in the case of golf balls, when its price decreases then this decrease in price will result in an increase in demand for golf balls.
