Answer:
Written essay
Explanation:
Written essay method is an approach of performance appraisal, where appraiser prepare a written statement about the strength and weekness of employee to appraise their performance, these strength and weekness are evaluated on the basis of past performance at the employment. It also suggest solution for performance improvement. It is one of the effective method of performance appraisal, however, it is time consuming.
In the given case, Wade have described strength and weekness of each subordinates and also suggested technique to improve performance, therefore, wade is using Written essay method of performance appraisal.
Answer:
- Behavioural Substitution
Explanation:
Martianse human resources department uses and deploy the concept of Behavioural Substitution.
To begin, Martianse goal, as a firm, is to motivate the employees to perform better. Hence, the human resources department has come up with measures to achieve that. It is thus believed that replacing the fixed incentive system hitherto known with the firm, should be replaced by a performance based system. By this, the firm believes its primary goal will be accelerated.
Behavioural Substitution is thus the concept that the human resources department has displayed in their analysis and engagement. For one, behavioural substitution is simply the procedures aimed at replacing and/or supplanting efforts and actions that does not lead to goal accomplishments. By general belief, the old style of reward system used by Martianse has been seen as one not leading to goal actualization. Hence, it is important to substitute this non productive reward system with one established to elicit more better and improved performance from the workforce.
The formula to calculate p/e ratio is: price/earnings.
So, the price of the stock would be
p/e ratio = price/earnings
18 = price / 2.4
Price= 2.4 x 18
Price = 43.2
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