The lowest tier of the federal court system is the:

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst perfo

timurjin [86]

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".

<h3>What is forced ranking?</h3>

The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.

The problem with forced ranking are-

This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.
Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.

The forced rankings beneficial from an employee perspective, here are reasons-

This system teaches a manager how to assess employees objectively with the right management training.
When the management system needs to be improved or formalised, forced rankings are advantageous.
An essential component of business is analysing trends and developments.

To know more about example of forced ranking, here

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6 0

2 years ago

Putting together two or more parcels of land to make a large piece is called:________.

NeTakaya

Answer:

Assemblage.

Explanation:

In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.

<em>For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000. </em>

6 0

3 years ago

In which movie would you hear the song 'Hakuna Matata'?

ivann1987 [24]

Answer:LION KING

Explanation:

7 0

2 years ago

Read 2 more answers

Sale price $60 $100 Variable costs $35 $60 Machine hours required for 1 vase 1 2 Total fixed costs are $600,000, and Rose Incorp

MrRissso [65]

Answer:

a) CM1 = 25

CM2 = 40

b) CMmh1 = 25

CMmh2 = 20

c) 25,000 units of Vase 1 and 12,500 units of Vase 2

d) OI = $ 525,000

Explanation:

a. Determine the contribution margin per unit for each type of vase.

The contribution margin per unit is equal to the difference between the sale price and the variable cost per unit:

$CM_1=P_1-VC_1=60-35=25\\\\\\CM_2=P_2-VC_2=100-60=40$

b. Determine the contribution margin per machine hour for each type of vase.

For the Vase 1, the number of machine hours per unit is 1. So the contribution margin per machine hour for Vase 1 is equal to CM1=$25.

For the Vase 2, the number of machine hours per unit is 2. Then, the contribution margin per machine hour for Vase 2 is equal to CM2=$40/2=$20.

c. Determine the number of units of each style of vase that Rose Incorporated should produce to maximize operating income.

There are 3 restrictions:

- Max 25,000 units of Vase 1

- Max 25,000 units of Vase 2

- 50,000 hours of machine hour

As the contribution margin per machine hour is higher for the Vase 1, so we start producing the more we can of Vase 1. The limit is 25,000 units.

Then, we are left with 25,000 machine hours available for Vase 2. We can produce 25,000/2=12,500 units, which is under the market constraint.

d. What is the dollar amount of the maximum operating income as calculated in C above

The operating income for the mix proposed in C is:

$OI=CM_1*q_1+CM_2*q_2-FC\\\\OI=25*25,000+40*12,500-600,000\\\\OI=625,000+500,000-600,000\\\\OI=525,000$

4 0

3 years ago

UP Forklifts sells two products, large forklifts and small forklifts. A large forklift sells for $80,000 per unit with variable

Pepsi [2]

Answer:

The break-even point in total units is 70

Explanation:

Particulars Large Fork Lift Small Fork Lift Total

Selling price Per Unit $80,000 $60,000

Less: Variable Cost Per Unit $24,000 $11,000

Contribution per unit $56,000 $49,000

Sales Mix 1 4

Total Contribution per $56,000 $196,000 $252,000

sales mix

Contribution per unit of sales mix ($252000/5) $50,400

Fixed Costs $3,528,000

Break-even point in total units ($3,528,000 / 50,400) 70

6 0

2 years ago