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Elodia [21]
3 years ago
8

A _______ is an organization that is NOT presently in a task environment but has the resources to enter if it so chooses. potent

ial supplier potential competitor distributor supplier competitor
Business
1 answer:
Kisachek [45]3 years ago
7 0

Answer: Potential competitor

 

Explanation:

Potential competitor is a competitor

who offers the same product and works in the field.

who has the potential to compete with you.

they could be a direct competitor, but either they don't try or don't have infrastructure.

Hence, A p<u>otential competitor</u> is an organization that is NOT present in a task environment but has the resources to enter.

On the other hand, as a supplier is a party or organization that provides a product or service and distributor distributes them.

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The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".

<h3>What is forced ranking?</h3>

The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.

The problem with forced ranking are-

  • This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.
  • Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.

The forced rankings beneficial from an employee perspective, here are reasons-

  • This system teaches a manager how to assess employees objectively with the right management training.
  • When the management system needs to be improved or formalised, forced rankings are advantageous.
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To know more about example of forced ranking, here

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6 0
2 years ago
The WPC Sports Company has noted that the size of individual "customer order" is normally distributed with a mean of $100 and st
nikdorinn [45]

Answer:

Standard error of the mean = 3

Explanation:

Given:

Mean Distribution = $100

Standard deviation = $12

Total number of player = 16 player

Standard error of the mean = ?

Computation of standard error of the mean:

Standard error of the mean = Standard deviation / √ Total number of player

Standard error of the mean = 12 / √16

Standard error of the mean = 12 / 4

Standard error of the mean = 3

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<span>In the context of information technology in workplaces, clerical workers using computers for word-processing tasks is an example of job upgrading. Clerical workers usually have routine work in the office which involves administrative tasks or documentation. The use of computers helps them perform these tasks. </span>

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Which of these is a recent technology that a business information manager might evaluate and recommend to their boss
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