performance appraisal consists of assessing an employee's performance and providing him or her with appropriate feedback.
<h3>What is performance appraisal?</h3>
Performance appraisal is done to check the performance of a particular employee.
It is done from time to time through the review of workdone and contribution of such individual to the organizations.
Therefore, performance appraisal is consists of assessing an employee's performance and providing him or her with appropriate feedback.
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Answer:
$50,000
Explanation:
Total Assets at beginning $450,000
Total Assets at end $550,000
Total Assets $1,000,000
Average Total Assets=Total Assets/2=$1,000,000/2=$500,000
Return on assets=Net Income/Average Total Assets
10%=Net Income/$500,000
Net Income=$500,000*10%
Net Income=$50,000
Answer: Jake's job relates to management
Explanation:
Management encompasses many things, which includes over seeing of the day to day activities of the business as it concerns the relevant objectives of the business as a whole
Answer:
True
Explanation:
Order cycle time is the period between the two orders, i.e., previous order and next order. If there is an ample amount of demand for a product, the order cycle time of that particular product will be low. As customer wants the product very often, the inventory will become nil, and there will be a positive cash flow. As the inventory level decreases, the current assets will be lower. As customers pay quickly, the receivables will also remain lower.
Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services.
2) The "invisible hand" of market supply and demand occurs
3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods)
4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items.
5) Usually, there's a great difference in the distribution of wealth
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