Performance management differs from performance appraisal in that performance management
describes the activities an organization does to improve their employee performance.
Performance appraisal is the specific evolution a company will perform on their employees to see in what aspects of the employees job they perform effectively or ineffectively.
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Answer: "smart sanctions" .
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<span>Ford will recruit resources to the point where they can meet their demand while maximizing the company profits. Too many resources will lead the company into financial loss while too little resources will cause the company to be unproductive.</span>
Answer:
c. materials inventory, work-in-process inventory, finished goods inventory, cost of goods sold.
Explanation:
Costs are not static, they are dynamic, therefore, they move through the value chain.
It all begins with the cost of raw materials that push the whole chain. Afterwards, the cost moves to the work-in-process inventory. When the goods are finished, the cost moves to finished goods inventory, with the storing cost firstly in mind. Lastly, the cost resides with the cost of goods sold, with the added costs of distribution and sales.
Accounting-wise, the flow of cost introduces the LIFO and FIFO systems, which relate to the way how cost is managed throughout the flow - backward or forward.