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tatuchka [14]
3 years ago
5

The level of expected performance for a given goal: a target that establishes a desired performance level, motivates performance

, and serves as a benchmark against which actual performance is assessed is referred to as a(n _____.
Business
1 answer:
Svetllana [295]3 years ago
3 0
The actual performance could be considered as standard when it incorporates a common objective in which it motivates the members to increase their performance as while as their skill level. In addition, performance standards are also used in order to provide expectations of the duty of each employee.
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What are two variables needed to calculate demand?
Ostrovityanka [42]
<span>"Price and quantity" are the two variables that are needed to calculate demand.


Demand refers to the amount or quantity that a man is both willing and ready to consume at each cost in a given time period, by keeping every single other thing consistent. When Price and quantity shift conversely by keeping all different things constant, it refers to the law of demand. </span>
7 0
3 years ago
Suppose Rhonda owns and operates a surf shop. Last week, Rhonda ran a 30-percent off sale on all items in her shop and her reven
Leviafan [203]

Answer:

Explanation:

price elasticity of demand = percentage change in quantity demanded / percentage change in price

revenue = price x quantity

if price decreased by 30% and total revenue decreased by 35%, then PED is inelastic

a will show you in an example

original price = $10

original quantity = 100

if PED was unit elastic

= 30% / -30% = -1, sales volume increased by 30%

total revenue went form $1,000 to $910

if PED was elastic

= 50% / -30% = -1.7, sales volume increased by more than 30%, lets say 50%

total revenue went from $1,000 to $1,050

if PEd was inelastic

= 10% / -30% = -0.33, sales volume increased by less that 30%, lets say 10%

total revenue went from $1,000 to $770

the more inelastic, the larger the decrease in total revenue

6 0
3 years ago
Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue - $ 34.50 Wages and salaries $ 2,500 $ 7
zheka24 [161]

Answer:

$4,001 unfavorable

Explanation:

The computation of the revenue variance is shown below:

Revenue variance = Revenue at Flexible budget - Actual revenue

where,

Revenue at flexible budget is

= 3,630 × $34.50

= $125,235

And, the actual revenue is $121,234

So, the revenue variance is

= $125,235 - $121,234

= $4,001 unfavorable

We simply deduct the actual revenue from the flexible budget revenue so that the revenue variance could come

3 0
3 years ago
Bonds, compared to stocks, have which of the following characteristics?
Inessa05 [86]
The correct answer for the given question above would be option C. Bonds, compared to stocks, have the characteristic of having maturity dates. Maturity date<span> refers to the final payment </span>date<span> of a loan or other financial instrument in which the principal is due to be paid. Hope this answer helps.</span>
3 0
3 years ago
Read 2 more answers
"At High Flyer Airlines, managers rate their subordinates on a continuum from 1 to 7. A score of 1 indicates unsatisfactory perf
Vladimir [108]

Answer:

<h2>The answer,in this case would be <u>Graphic Rating Scale or Likert Scale</u>.</h2>

Explanation:

  • In a statistical research study,rating scale or likert scale is used indicate the intensity of magnitude of any variable or phenomenon related to the concerned research topic.
  • Rating scale or likert scale is commonly used in statistical research methods such as surveys or questionnaire where various options are presented to the respondents or participants and a corresponding numerical value associated with each response options.
  • The response options are scaled or ranked numerically according to the intensity or magnitude of the variable or the phenomenon which is included in the survey or questionnaire question.
  • In this instance,the subordinate performance has been scaled or ranked on a rating or likert scale from 1 to 7 which represent the numerical values associated with each rank or scale.
3 0
3 years ago
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