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rodikova [14]
3 years ago
7

Tony, a production manager at Brighton Biometrics, needs to measure the performance of 10 subordinates. He writes their names on

a paper and circles Paula's name as the best-performing employee of the group. He then circles Erma's name as the worst employee of the group. He rates the remaining employees as second best, second worst, and so on. In the context of methods of performance measurement, Tony is using the _____ method.
Business
1 answer:
prisoha [69]3 years ago
6 0

Answer:

Alternation ranking method.

Explanation:

Tony, a production manager at Brighton Biometrics, needs to measure the performance of 10 subordinates. He writes their names on a paper and circles Paula's name as the best-performing employee of the group. He then circles Erma's name as the worst employee of the group. He rates the remaining employees as second best, second worst, and so on. In the context of methods of performance measurement, Tony is using the alternation ranking method.

This method basically ranks employees from the very best to the worst based on a particular trait. Choosing the highest down to the lowest until every one of them are ranked.

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The purchasing agent of the Clampett Company ordered materials of lower quality in an effort to economize on price and in respon
gizmo_the_mogwai [7]

Answer:

The correct answer is: Materials Price Variance: Production Manager

Materials Quantity Variance: Purchasing Agent

Explanation:

The production manager had to buy the materials that are commonly used, as this is an item of great importance in the process of converting the materials, since otherwise there is a risk of becoming waste due to their quality. In the case of the variation presented, each manager or person in charge of the area must supervise that the measurements are well calculated, and that the aspects related to the direct process must be effectively ensured for the good of the operation.

7 0
3 years ago
The nation of Newbie is establishing its monetary system and is designing its currency. The first proposal is to issue the Newbi
aliya0001 [1]

Answer:

The answer is yes, it will function as a medium of exchange.

Explanation:

Money has three functions, store of value, unit of account and medium of exchange. Money that can be used as a medium of exchange is money that is accepted as such by both buyers and sellers, and that is comfortable, or convenient enough, to be carried and exchanged

In this example, the nation of Newbie will issue a currency that can be easily transported. While heavy stock cardboard is a little bit heavier than the paper in which most modern-day currencies are printed, the weight is still light, and does not impede easy transportation and exchange of the currency bills.

Besides, the new Newbie Nugget will be what is know was the legal tender of the nation. The legal tender is the currency that a specific country accepts to collect taxes. This gives more legitimacy to Newbie Nugget and makes it a classical example of a medium of exchange.

3 0
3 years ago
Speculative investments are high-risk investments with the possibility of high returns in a short period of time.
bixtya [17]
<span> <span>True. Risk in investment can be defined as the possibility that the investor may lose a big portion or all of the initial investment or make very high returns in a short period. Risk which is often likened to volatility dictates that the higher the volatility the higher the chances of returns. Speculative investments such as leveraged ETFs(commodities such as gold, oil, silver), options, venture capital trusts are considered high risk and often so offer handsome returns or cost the investor all or even more of their initial capital. It is however important to note that high risk does not automatically translate into high returns. The intrinsic value of the investment vehicle among other factors need to be considered in depth to determine if the investment is worth the risk</span></span>
8 0
3 years ago
Read 2 more answers
On the Navigation Bar, which of the following would you select to enter inventory item maintenance information?
4vir4ik [10]

Answer:

4. Maintain; Defaults, Inventory Items, record inventory information.

Explanation:

The question, in my understanding, is referring to master data of inventory items. Most enterprise inventory systems maintain attributes/information about a specific inventory item in a master table so that this record (and all other default info saved against it) can be pulled up and used in transactions as needed. Answers 1-3 are all pertaining to transactions and not maintenance information.

8 0
3 years ago
Flitter reported net income of $25,500 for the past year. at the beginning of the year the company had $216,000 in assets and $6
Brut [27]

Answer:

There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.

Return on Assets = \frac{Net Income}{Total Assets at year end}   1

                                                          or

Return on Assets = \frac{Net Income}{Average Assets}       2

Substituting the values in equation 1 we get,

Return on Assets = \frac{25500}{316000}

Return on Assets = \frac{25500}{316000}

Return on Assets = 0.080696203  or 8.07%

Substituting values in equation 2 we get,

Return on Assets = \frac{Net Income}{Average Assets}

Return on Assets = \frac{Net Income}{\frac{Assets at beginning + Assets at year end}{2}}

Return on Assets = \frac{25500}{\frac{216000 + 316000}{2}}

Return on Assets = \frac{25500}{266000}

Return on Assets = 0.095864662 or 9.58%

5 0
3 years ago
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