Answer:
It improves employee retention and performance motivation.
Explanation:
There are few factors that keep employee motivated and loyal toward organization. The basic factors are career path and monetary benefits that keep the energy flow in the employee.
A formal succession plan is a human resource management strategy for identifying the potential successor, it reduces the confusion for the organization and employee in the method of hiring and promotion. These strategies also keep an employee motivated, improve performance and retention in the organization as they find growth and security in the organization.
The answer is D. <span>. most companies recognize the need for organizational leaders to get feedback from their employees
For most companies, the upper management level employee rarely took any form of advice/feedback from lower level employees.
This is really dangerous for the well-being of the company because not only it cause resentment among them, it also make the company miss the chance to detect the fatal flaw that may exist in their operation</span>
Answer:
$8,495,833
Explanation:
<u>Calculation of weighted-average accumulated expenditures</u>
Date Payments Funds used Annualized Amount
Mar 1 $6450000 10/12 $6450000*10/12 $5,375,000
Jun 1 $5350000 7/12 $5350000*7/12 $3,120,833
Dec 31 $8250000 0/12 $$8250000*0/12 <u>$0 </u>
Weighted Average Expenditures <u>$8,495,833</u>
Answer:
JIT production and JIT purchasing
Explanation:
JIT production and JIT purchasing under this process entity does not have extra material in stores and extra inventory produced.
as per the just in time
there is no benefit of holding inventory at stores
producing extra units does not add value they are useless until they are sold.
According to just in time inventory should be purchased when order has been placed and production process should start in order to meet the customers orders.
there are some conditions for this process
there should be very system to meet the order on time
there should be relaible production system units produced should not be poor quality goods
there should reliable suppliers to supply the material on time to meet the customers orders and avoid the stock out costs.
