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3 years ago

the 360 degree feedback performance appraisal system tries to improve performance ratings by forcing managers to :

Business

1 answer:

olga nikolaevna [1]3 years ago

5 0

Answer:

Include information from a wide range of sources in their reviews.

Explanation:

Performance appraisal refers to the evaluation of employees' performance by the human resource managers in an organization. The 360-degree feedback performance appraisal system is a type of performance appraisal that sources information about an employee from various sources, which ranges from subordinates, lateral and supervisory sources. This implies that the manager seeks to gain insight about the employee from his fellow employees, from his supervisors, his subordinates, and sometimes from external sources such as the customers who interact with that employee on a daily basis.

Most managers use this system of appraisal for developmental purposes and evaluation of an employee's performance. Information sourced can then be used to help the employees improve on their skills or promote/demote them.

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Tina and Betty formed a partnership. Tina received a 40 percent interest in the partnership in exchange for land with an adjuste

Amiraneli [1.4K]

Answer:

c. $24,000

Explanation:

The computation of sale by partnership is shown below:-

The pre-contribution gain allocated to Tina = Fair market value - Adjusted basis

= $80,000 - $60,000

= $20,000

Gain on sales = Partnership to an unrelated third party - Fair market value

= $90,000 - $80,000

= $10,000

Tina partnership interest is 40 % of $10,000

= $4,000

Sale by partnership = pre-contribution gain + Tina partnership

= $20,000 + $4,000

= $24,000

Therefore for computing the sale by partnership we simply applied the above formula.

4 0

3 years ago

Below are several amounts reported at the end of the year. Currency located at the company $ 1,050 Supplies 3,200 Short-term inv

blondinia [14]

Answer: $18,460

Explanation:

Amounts that will go towards the cash account at the end of the year include all actual cash, undeposited checks, bank balances and short term investments.

The Total amount of cash to report will therefore be;

= Currency located at the company + Short-term investments that mature within three months + Balance in savings account + Checks received from customers but not yet deposited + Coins located at the company + Balance in checking account

= 1,050+ 1,950 + 8,500 + 650 + 110 + 6,200

= $18,460

5 0

3 years ago

Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 130,000 units of basic, 508,000

katrin [286]

Answer:

the total contribution margin if Bricktan chooses the most profitable sales mix is $27,000,000

Explanation:

It is important to note that the limiting factor identified is the production hours.

Step 1 Calculate Contribution per limiting factor of each product

Basic

1 unit requires 0.1 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

= $15/0.10

= $150

Classic

1 unit requires 0.125 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

= $25/0.125

= $200

Deluxe

1 unit requires 0.25 hours

Contribution per limiting factor = Contribution per unit / Quantity of limiting factor per unit

= $55/0.25

= $220

Step 2 Rank the products

1st = Deluxe

2nd = Classic

3rd = Basic

Step 3 Determine the production mix

Product Total hours demanded Balance

Capacity 134,000

Deluxe (230,000×0.25) = 57,500 76,500

Classic (508,000×0.125) = 63,500 13,000

Basic (130,000×0.1) = 13,000 0

Step 4 Calculate total contribution

Deluxe (230,000×$55) = 12,650,000

Classic (508,000×$25) = 12,700,000

Basic (130,000×$15) = 1,650,000

Total = 27,000,000

7 0

3 years ago

One recurring problem in supply chain management is when information about the demand for a product gets distorted as it passes

vfiekz [6]

Answer: Bullwhip Effect

Explanation:

The Bullwhip Effect occurs as a result of changes in the original information about the demand of a product as the information passes across the supply chain.

In the Bullwhip Effect small changes at the customers end of the supply chain leads to large variation in the manufacturing end of the chain.

8 0

3 years ago

LO 7.1Which of the following is true in a bottom-up budgeting approach?

Sedbober [7]

Answer:

The correct answer is letter "D": Departments determine their needs and relate them to the overall goals.

Explanation:

The bottom-up budgeting approach consists in giving each department within a firm the power of setting and controlling their budget according to the projects the department intends to develop that matches with the ultimate goal of the organization as a whole. It might be beneficial because each department is likely to come up with a budget that adjusts better to their needs but it could represent a headache for the company when it comes to racking each expense for each area.

6 0

3 years ago