The answer of the question is True.
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Answer:
The correct answer is Employees benefit from feedback that occurs so often they know what will be said in their annual review.
Explanation:
A good performance management system works to improve the overall execution of the organization by managing compliance of its teams and individuals. In this way, ensure that the ambitions and general objectives of the organization are met. An effective performance management system can play a crucial role in the overall management of an organization for the following reasons:
- Ensure that employees understand the importance of their contribution to the overall ambitions and objectives of the organization.
- Ensure that each employee understands what is expected of him, as well as determining whether employees possess the skills and support required to meet such expectations.
- Ensure adequate alignment or link objectives and facilitate effective communication throughout the organization.
- Facilitate a cordial and harmonious relationship between the employee and the line manager based on trust and empowerment.
Answer: a. $31.5 ; b. $45.
Explanation:
A. What price should the stock sell at? The discount rate is 15%.
The dividend for the first year will be:
= $3 × (100% + 5%)
= $3 × 105%
= $3 × 1.05
= $3.15
Since Price = D1/Ke - g
Price = 3.15/0.15 - 0.05
Price = 3.15/0.10
Price = $31.5
B. How would your answer change if the discount rate was only 12%?
Price = D1/Ke - g
Price = 3.15/(0.12 - 0.05)
= 3.15/0.07
= $45
The answer changed because the discount rate has been reduced which led to the increase in the answer.
Answer: (B) Sales volume variance
Explanation:
The sales volume variance is basically defined as the difference between the expected sold unit and the actual sold unit. The formula of sales volume variance is given by:
Sales volume variance = (Actual sold - Budget sold) × budget price
The sales volume variance is caused due to the price, product recall and the competition. It is also known as the sale quantity variance. The sales volume variance is basically reveals the total additional sale revenue that increase the cost of budget.
Therefore, option (B) is correct.