1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elodia [21]
3 years ago
10

Lako Systems is looking to increase performance of employees in decision-oriented and knowledge-intensive jobs within the firm.

In order to determine the training required, they are performing an analysis of the skills and knowledge needed for those jobs, which is known as a____________.
Business
2 answers:
shusha [124]3 years ago
7 0

Answer:

The correct answer is letter "C": competency assessment.

Explanation:

A competency assessment aims to measure employees' performance to spot weaknesses so they can be dealt with on time. Employers start by creating a list set of practices expected and skills required to conduct everyday duties easily then they match the employees' performance with that scheme. Workers' coaching will be based on how to improve in those areas where their score was lacking or that need additional practice.

Makovka662 [10]3 years ago
6 0

Answer:

Competency Assessment

Explanation:

Lako Systems is looking to increase performance of employees in decision-oriented and knowledge-intensive jobs within the firm. In order to determine the training required, they are performing an analysis of the skills and knowledge needed for those jobs, which is known as a competency assessment.

A competency assessment focuses on how well an employee is performing the required job skills in relation to specified performance standards. This approach is used to identify existing competencies and skills gaps of a company's current and potential employees. Lako Systems is assessing the skills of their employees to determine what training is required for skill development.

You might be interested in
With reference to product development, a _____ is defined as a set of systems and interfaces that form a common structure.
Gre4nikov [31]

Answer: product platform

Explanation: A product platform could be defined as a collection elements or specifications which may include design, pattern, formular, component or a certain technology adopted for building a certain product series. A product platform is aimed at increasing the speed and rate at which a certain product is produced, added flexibility in situations where little adjustment is required, cost effectiveness as it requures little upgrade in making new products and lessens developmental cost.

6 0
3 years ago
‘A person starts a business venture because he lost his job’. Which form of entrepreneur is he.
irakobra [83]

Answer:

sole trader

Explanation:

couse he is running as well as managing his business..i hope that's it..

3 0
2 years ago
Read 2 more answers
Would it be advantageous for wynn manufacturing corporation if the cranston division makes the investment under consideration?
11111nata11111 [884]

Yes, It would be advantageous for wynn manufacturing corporation if the cranston division makes the investment under consideration.

  • Since managers are charged with maximizing the potential of their own units, it is crucial to frequently assess their performance in the workplace.
  • Target measurements can be used to assess managers of investment centers' performance.
  • Businesses typically have a target or targeted rate of return they would like to reach in order to assess a project's viability.
  • It is profitable for the firm as a whole to move forward with the project in this case because the project's projected return of 18% is higher than the company's desired rate of return of 16%.

To learn more about investment visit:

brainly.com/question/15105766

#SPJ4

4 0
2 years ago
Part of the decision to accept additional business should be based on a comparison of the incremental (differential) costs of th
postnew [5]

Answer:

TRUE

Explanation:

Marginal Benefit is addition to total benefit due to a business decision.

Marginal Cost is addition to total cost due to a business decision.

Marginal Benefit & Marginal Costs are determinants while considering a business decision. A decision will be taken if : Marginal Benefit ≥ Marginal Cost, as entrepreneurial decision maker would be better off or at least neutral while taking decision. If MB < MC , it is loss making for the entrepreneur to take that decision & hence is discouraged to take that.

6 0
3 years ago
Lance, Art, and Wayne have joined together to open a law practice but are struggling to manage their cash flow. They haven’t yet
mixas84 [53]

Answer:

This is very simple, they should start billing their clients right away.

You don't have to bill your clients for the full legal expenses, but they for sure need to start making some money.

It is very normal that new businesses don't get enough revenue to cover their operation expenses right away. Even for big corporations, like Amazon and FB, it may take years to reach the break even point.

When you open a business you have to keep some money as reserve to cover some expenses for at least a few months.

6 0
3 years ago
Other questions:
  • Why should companies be careful to report cash and cash equivalents correctly?
    15·1 answer
  • The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.
    5·1 answer
  • The export-import bank ____. is an international financial institution that provides loans for capital programs provides finance
    11·1 answer
  • ofia files a suit against turista airlines, inc. turista responds that it appears from the pleadings that the parties do not dis
    9·1 answer
  • You would most likely find __ in a formal workplace
    15·1 answer
  • Milltown Company specializes in selling used cars. During the month, the dealership sold 31 cars at an average price of $15,900
    10·1 answer
  • The following data were gathered to use in reconciling the bank account of Photo Op. Company: Balance per bank $ 14,400 Balance
    12·1 answer
  • 2.)
    12·1 answer
  • Do you agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year? What about t
    14·1 answer
  • If a company wants to gain a competitive advantage in a highly competitive industry, it should ideally a. execute an integrated
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!