All categories

3 years ago

) A common method for appraising performance which involves evaluating employees by ranking

Business

1 answer:

Shkiper50 [21]3 years ago

8 0

Answer:

Explanation:

This is simply the ranking of employees from best to worst trait(s). It involves measuring employees on a particular trait or traits from highest to lowest. It is done by listing out all the employees you want to rank based on the selected trait. Then the employee with the best trait is picked placed at the top, followed by the worst, placed at the bottom. The alternation between the best and worst continues thereafter, till all employees have been ranked.

You might be interested in

When the price of audio books, a normal good, falls, causing your purchasing power to rise, you buy more of them due to

grandymaker [24]

Answer:

The answer is C. Income Effect

Explanation:

Economists refer to income effect as an increase in purchasing power.

It is the change in quantity demanded for a commodity when income changes

For example, consumers tend to buy more of goods and services when their income rises or tend to buy more of a good and service when the price of a goods falls while the income remains constant. This causes the purchasing power (which is the amount of goods that can be purchased with a unit of currency) to rise.

Option A is wrong because substitution effect states that when the price of a good rises, consumer tends to purchase less. This centers on price while income effect centers on income

3 0

4 years ago

Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater

Delvig [45]

Answer:

Zoe Company

a) Statement of Cost of Goods Manufactured:

Direct materials cost $90,000

Direct labor 25,000

Factory overhead 37,000

Work in process, March 1 22,000

Work in process, March 31 (23,500)

Cost of goods manufactured $150,500

b) Income Statement for the month ended March 31:

Sales $257,000

Finished goods inventory, March 1 $21,000

Cost of goods manufactured 150,500

Finished goods inventory, March 31 (30,000)

Cost of goods sold $141,500

Gross profit $115,500

Sales and administrative expenses 79,000

Net Income $36,500

c) Inventory Section of the Balance Sheet as of March 31:

Current Assets:

Inventory:

Materials inventory, March 31 $8,000

Work in process, March 31 23,500

Finished goods inventory, March 31 30,000

Total inventory $61,500

Explanation:

a) Data and Calculations:

Purchases $92,000

Materials inventory, March 1 6,000

Materials inventory, March 31 8,000

Direct labor 25,000

Factory overhead 37,000

Work in process, March 1 22,000

Work in process, March 31 23,500

Finished goods inventory, March 1 21,000

Finished goods inventory, March 31 30,000

Sales 257,000

Sales and administrative expenses 79,000

b) Materials inventory, March 1 $6,000

Purchases 92,000

Materials inventory, March 31 8,000

Direct materials cost $90,000

4 0

3 years ago

Which of the following statement is correct?

Mice21 [21]

Answer:

C. A typical industrial company's balance sheet lists the firm's assets that will be converted to cash first, and then goes on down to list the firm's longest lived assets last.

6 0

3 years ago

Differentiated goods Rather than identical goods, now the two firms are producing differentiated goods, with each behaves as the

Yanka [14]

Answer:

Equilibrium prices are p1 = 150 and p2 = 100, while equilibrium quantities are q1 = 150 and q2 = 5

Explanation:

To provide solution to this question, the two market demand functions to be restated correctly as follow:

q1 = D1(P1,P2) = 110 – p1 + 2p2 .................................... (1)

q2 = D2(p1,P2) = 55 – 2p2 + P1 ................................... (2)

Since, total revenue revue (TR) is the multiplication of price, p, and quantity, q, the TRs for q1 (TR1) and for q2 (TR2) are obtained by multiplying equation (1) by p1 and equation (2) by p2 as follows:

TR1 = p1*q1 = p1(110 – p1 + 2p2)

TR1 = p110 – p1^2 + 2p1p2 .................................... (3)

TR2 = p2*q2 = p2(55 – 2p2 + p1)

TR2 = p2(255) – 2p2^2 + p1p2 ................................... (4)

Marginal revenue for q1 (MR1) and for q2 (MR2) are obtained by partially differentiating equation (3) with respect to p1 and equation (2) with respect to p2 and then solve for p1 and p2 as follows:

MR1 = dTR1/dp1 = 110 – 2p1 + 2p2 .................................... (5)

MR2 = dTR2/dp2 = 55 – 4p2 + p1 ................................... (6)

In monopolistic competitive market with differentiated goods, equilibrium occurs where MR = MC. Since,

MC1 = 10 ..................................................................................... (7)

MC2 = 5 ...................................................................................... (8)

We will therefore equate equations (5) with equation (7) and also equate equation (6) with equation (8), and then solve for p1 and p2 as follows:

For MR1 = MC1:

110 – 2p1 + 2p2 = 10

2p1 = 110 - 10 + 2p2

p1 = (100 + 2p2)/2

p1 = 50 + 2p2 ....................................................................... (9)

For MR2 = MC2:

255 – 4p2 + p1 = 5

4p2 = 55 - 5 + p1

p2 = (50 + p1)/4

p2 = 12.5 + p1/4 ................................................................ (10)

Now, substitute equation (10) for p2 in equation (9) and solve for p1 as follows:

p1 = 50 + 2(12.5 + p1/4)

p1 = 50 + 25 + 0.5p1

p1 - 0.5p1 = 75

p1 = 75/0.5

p1 = 150 .......................................................................... (11)

substitute equation (11) into equation (10) for p1 and solve for p2 as follows, we have:

p2 = 62.5 + 150/4

p2 = 62.5 + 37.5

p2 = 100 ............................................................... (12)

The p1 and p2 in equations (11) and (12) are the equilibrium prices for q1 and q2 respectively.

To get equilibrium quantity, substitute p1 = 150 and p2 = 100 into equations (1) and (2) as follows:

q1 = 110 – 150 + 2(100)

q1 = – 50 + 200

q1 = 150 .................................... (13)

q2 = 55 – 2(100) + 150

q2 = 55 + 150 - 200

q2 = 5 ....................................... (5)

Therefore, equilibrium prices are p1 = 150 and p2 = 100, while equilibrium quantities are q1 = 150 and q2 = 5.

3 0

4 years ago

What is the different between professional and processional human resources?

Lerok [7]

Answer:

Click at the above pic and the ans will appear.

Hope it helps :)

4 0

4 years ago