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.
.
Answer: A. Traditional Model
Explanation:
Strategic planning enables a company to properly plan out what their long term goals and visions are which would help them in operations because it would give them a view of what they are working towards.
A key part of strategic planning involves knowing the operating environment so as to be able to plan better. If this is not well know, the company should go with a traditional/ basic model that would enable them to plan with minimal knowledge and experience until they know better.
<em>Price indexes define the cost of goods in the entire economy at a given point in time.</em>
<em />
A price index is a scale used to measure changes in the levels of prices. This is a percentage scale that can be either based on prices of a single good or an entire market basket. This is only a small-scale index, not representative of an entire economy.
Answer:
$1.40
Explanation:
Per cent change in price = ($2.02– $1.85)/$1.85 = +9%
Per cent change in demand = (1000 – 850)/1000 = –15%
The elasticity is = ln(1 + per cent change in quantity sold)/ln(1 + per cent change in price)
= ln(1 – 0.15)/ln(1 + 0.09)
= –0.16252/0.08618
= –1.886
Variable cost = $660/1000
Profit-maximising price = [–1.886/(–1.886+1)]*$0.66 = $1.40
Global Corporate Citizenship is when a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally.
<h3>What is Global Corporate Citizenship?</h3>
Global Corporate Citizenship are the concerted efforts companies make to contribute to the improvement and sustainability of their immediate environment and other environment.
Here, a company would put its effort to providing social and environmental duties.
Learn more about Global Corporate Citizenship here: brainly.com/question/14695520
#SPJ1
