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frutty [35]
3 years ago
9

"At High Flyer Airlines, managers rate their subordinates on a continuum from 1 to 7. A score of 1 indicates unsatisfactory perf

ormance, and a score of 7 indicates superior performance. High Flyer uses a _______________ as its performance appraisal method."
Business
1 answer:
Vladimir [108]3 years ago
3 0

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.
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A company enforces its ethical codes and policies by rewarding ethical behavior and punishing misconduct. Each month, the most e
Olenka [21]

Answer:

The rewards and punishment serve the purpose of motivating the employees.

Explanation: First of all, we must establish that companies should have set guidelines or principles on which they operate, especially when it comes to ethics and acceptable workplace behavior.

Secondly, we must acknowledge the fact that there is always a reward or consequence for our actions. Especially in the workplace where employees are constantly monitored.

Now, based on the Theory X of management that was developed by Douglas McGregor, which basically states that employees are unmotivated and unwilling to work, and as a result of this, they need to be constantly prompted, rewarded or punished to make sure that they complete their tasks.

So to answer the question, the rewards and punishments serve the purpose of motivating the employees to be of good conduct in the workplace, because if this is not done, bad behavior might spread throughout the company and this will cause further problems.

3 0
3 years ago
Kraven Corp. borrows $100,000 by signing on a 1-year, 8% promissory note from General Finance Company and assigns $120,000 of it
Aleks [24]

Answer and Explanation:

The journal entry is shown below:

Cash Dr $98,800

Finance charge Dr ($120,000 × 1%) $1,200

       To Liability - Financing Arrangement $100,000

(being receipts of cash is recorded)

Here cash and finance charge is debited as it increased the assets and expenses and liability is credited as it also increased the liabilities. Also, the cash & expenses contains normal debit balance and liabilities contains normal credit balance

6 0
3 years ago
You are the CEO of a company that has to choose between making a $100 million investment in either Russia or Poland. Both invest
dimulka [17.4K]

Answer: When assessing the risks of investment, one should consider the political, economic, and legal risks of doing business in either Russia or Poland. The risk in Russia would probably be considered higher than the risk in Poland since Poland has been a member state of the European Union since 1 May 2004, with the Treaty of Accession 2003 signed on 16 April 2003 in Athens as the legal basis for Poland's accession to the EU.

Poland has already gained benefits and stability offered by the EU. Russia, by contrast, is still many years away from even being in a position to be considered by the EU for membership.

Explanation: A diligent investor wouldn't put a penny in a risky country.

8 0
3 years ago
Matt and Bree are saving for a new car. At the end of 2013, their total savings was $ 9,500 . In 2014, total savings increased t
Mrac [35]

Answer:

$725

Explanation:

The total savings made by Mat and Bree in year 2014 shall be given as follow:

Total savings in 2014=Aggregate savings in 2014-Aggregate savings in 2013

Aggregate saving in 2014=$10,225

Aggregate saving in 2013=$9,500

Total savings in year 2014=$10,225-$9,500

                                           =$725

5 0
3 years ago
On November 1, Year 1, Black Lion Company forecasts the purchase of raw materials from an Argentinian supplier on February 1, Ye
Alchen [17]

Answer:

Option B: 70,900 decrease in net income

Explanation:

Net impact on black lion company's year 2 net income as a result of this hedge of a forecast foreign currency purchase can be calculated by summing up the Option expense, cost of goods sold and adjustment to net income in year 2 .

NET IMPACT ON YEAR NET INCOME

Option expenses                    (900)

Cost of goods sold               (72,000)

Adjustment to Net Income     2000

Decrease in Net Income       (70,900)

Working

                                                                                   DEBIT     CREDIT

Option expense                                                         900

Foreign currency Option                                           1100

(0.35 - 0.36) x 200,000 = 2000

2000 - 900 = 1100

Accumulated other comprehensive income                                2000

                                                              DEBIT           CREDIT

Foreign currency                                  72,000

(200,000x0.36)

Cash                                                                             70,000

(200,000x0.35)

Foreign currency option                                             2,000

                                                 DEBIT        CREDIT

Cost of goods sold                 72,000

Foreign currency                                       72,000

                                                                                 DEBIT     CREDIT

Accumulated other comprehensive income          2000

Adjustment to Net Income                                                     2000

7 0
3 years ago
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