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Nimfa-mama [501]
4 years ago
8

Teknikal Inc. decides to implement a new performance management system. It consists of a list of five traits used to evaluate al

l the employees. The manager considers one employee at a time and, on a continuum with different points, circles the number that signifies how much of a particular trait the individual has. Which type of performance management system is Teknikal Inc. using?
Business
1 answer:
vovangra [49]4 years ago
4 0

Answer:

Graphic Rating Scale

Explanation:

Graphic rating scale is a method used in evaluating the performance of an employee or put simply, performance appraisal of an employee. It involves listing out expected traits that the employees should posses and then rating the employees on a numbered scale for each trait. It is probably the most simplest and popular form of performance appraisal. In this case, Teknikal uses a five traits to evaluate all its employees which are assigned numbers by the manager according to the degree he/she feels the employee possesses said traits.

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In a democratic capitalist environment the price mechanism automatically becomes the planning tool for its homeostasis; what is
Feliz [49]

Answer:

In a market economy, the price mechanism is indeed the primary coordinator of the decisions of buyers and sellers, because the price for goods and services adjust to an equilibrium point, where demand and supply are equal.

However, the public sector still has two important functions in this enviroment:

  • Correcting market failures - a market failure is a situation in which the market does not produce a good outcome. An example of market failure is pollution. Market failures can be corrected by government intervention, for example, by setting anti-pollution regulations.
  • Providing public goods - some public goods are not provided by the private sector because they are not profitable. The public sector can therefore step in and provide this type of goods.

6 0
3 years ago
The manager of a firm believes that she would lose sales if she raised her prices by $2.00, but the revenue lost would be more t
julsineya [31]

Answer:

This indicates that the manager perceives demand to be:_______.

c. unit elastic.

Explanation:

Unit elastic demand describes a demand curve which is perfectly responsive to changes in price. This implies that the quantity supplied or demanded changes according to the same percentage as the change in price.  For example, if the manager raises the price of her famous goods by $2.00, the unit elastic demand for that $2.00 increase would result in a decrease in the quantity demanded by one unit.

8 0
4 years ago
Dulce Company produces chocolate. Each pound of chocolate requires 400 cocoa beans (the unit quantity standard) and 0.15 labor h
Nostrana [21]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Each pound of chocolate requires 400 cocoa beans and 0.15 labor hours.

During the year, 480,000 pounds of chocolate was produced.

First, we need to calculate the number of cocoa beans required to produce 480,000 units.

Number cocoa beans= 480,000*400= 192,000,000 cocoa beans.

Now, the hours of labor required.

Direct labor allowed= 480,000*0.15= 72,000 hours

5 0
3 years ago
Swifty Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetica
Travka [436]

Answer:

<u>(1)</u> Controllable margin $ 191420

<u>(2) </u> Variable Costs$ 371580

<u>(3)</u> Contribution Margin $ 146380

(4)Controllable fixed costs $45,040

(5)  Controllable fixed costs $ 95710

<u>(6) </u> Sales  $ 484,180

Explanation:

The workings have been done to show the results.

Swifty Inc.

                Women’s Shoes     Men’s Shoes       Children’s Shoes

Sales             675,600               506,700                   (6) $ 484180

Variable costs (2)$ 371580     360,320                    281,500

<u>C. Margin $304,020                $ (3)</u><u>146380</u><u>             $202,680 </u>

<u />

<u>(2) </u> Variable Costs = Sales - Contribution Margin= 675600- 304020=

$ 371580

<u>(3)</u> Contribution Margin= Sales - Variable Costs =  506,700-360,320 = $ 146380

<u>(6) </u> Sales = Contribution Margin + Variable Costs= 281,500 +$202,680 = $ 484,180

Swifty Inc.

                Women’s Shoes     Men’s Shoes       Children’s Shoes

Sales             675,600               506,700                  $ 484180

<u>Variable costs </u><u>$ 371580</u><u>           360,320                    281,500 </u>

<u>C. Margin        $304,020          $ </u><u>146380</u><u>               $202,680 </u>

Controllable

fixed costs       112,600          (4)  $45,040                  (5) $ 95710

Controllable margin (1) $ 191420   101,340                      106,970

<u>(1)</u> Controllable margin=Contribution Margin-Controllable fixed costs

= $ 304,020  -112,600 =$ 191420

(4) Contribution Margin- Controllable margin=Controllable fixed costs

<u> </u>$ 146380  - 101,340  = $45,040

(5)  Contribution Margin- Controllable margin=Controllable fixed costs

$202,680 - 106,970 = $ 95710

5 0
3 years ago
Natalia worked in an automobile plant. she lost her job when the plant relocated to another state.
Agata [3.3K]

Answer:

$400.65

Explanation:

Natalia's last 26 weekly salaries:

Week Salary

1 715

2 700

3 730

4 730

5 730

6 720

7 700

8 720

9 720

10 720

11 725

12 720

13 725

14 730

15 730

16 735

17 735

18 735

19 740

20 740

21 740

22 740

23 740

24 740

25 740

26 740

The total compensation for the last 26 weeks = $18,940

her average weekly salary = $18,940 / 26 = $728.46

her unemployment compensation = average weekly salary x 55% = $728.46 x 55% = $400.65

6 0
3 years ago
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