Goal-setting theory is one of the most influential management practices. there is strong evidence that setting goals increase employee engagement within the workplace.
In accordance with goal-setting theory, productivity can be increased by defining explicit, quantifiable goals. One may boost employee engagement while also enhancing employee performance in the workplace by implementing the goal-setting principle.
Goals should be sufficiently difficult to maintain employees' interest and concentration while carrying out the necessary tasks to accomplish each goal. Achieving goals that are overly time-consuming or simple may demotivate you and leave you feeling less satisfied with your accomplishments.
A key element of the goal-setting theory is feedback. To make sure tasks continue on track to accomplish the objective, frequent feedback should be given throughout the goal-achieving process.
Goals ought to be divided into smaller ones. A review and updating should be carried out once each smaller goal has been accomplished.
To learn more about Goal-setting theory refer to:
brainly.com/question/27333813
#SPJ1
Answer:
Expenses that are stable and do not change with the quantity of products that is produced and sold
Explanation:
Fixed cost refers to cost that do not change with the level of output. They are otherwise known as overheads or indirect costs and are expenses that are not dependent on the out level of produce by the business.
In addition, fixed cost are also cost that has to be incurred by the business independent of business activities.
Examples of fixed costs are rent, cost of business , loan payments, insurance premiums, salaries etc. All these do not vary with the level or number of units produced or sold.
Answer:
- Compound Interest ⇒ FV = PV x (1 + I ) ^N
- Simple Interest ⇒ FV = PV x I x N
Explanation:
With compound interest the rate of growth needs to be compounded which is why the time period is used to exponentially adjust it.
With simple interest there is no compounding so the value is simply the interest that will be earned every period (which is a constant value) multiplied by the number of periods and the amount to be invested.
Answer:
Mandy Capital Debit: 100,000
Brittney Capital Credit: 100,000
Explanation:
The journal entry will be recorded as above. Mandy sold equity worth $100,000, so we will record the entry on transfer of equity by the equity value sold. Now, for this equity value both partners can decide the amount in which one will sell to other, which in this scenario is $85,000.
When making competitive priority decisions the firm <u>"must make trade-off decisions".</u>
Making decisions requires exchanging off one thing against another.
In economics, the term trade-off is regularly communicated as an opportunity cost, which is the most favored conceivable option. A trade-off includes a forfeit that must be made to get a specific item or experience. A man surrenders the chance to purchase 'great B,' since they need to purchase 'great A. For a man setting off to a ball game, their financial trade-off is the cash and time spent at the ballpark, when contrasted with the option of watching the diversion at home and sparing their cash, in addition to the time spent heading to the ball game.
