The above statement is true.
- An ongoing, continuous process of articulating and outlining work obligations, priorities, performance standards, and development plans that maximize performance and support organizational objectives.
- The process of ensuring that a set of actions and outputs achieves the objectives of an organization effectively and efficiently is known as performance management. Performance management can be used to evaluate an employee, a department, a whole business, or the systems in place to handle certain tasks.
- The performance management cycle is a smaller, continuous four-step process that uses planning, monitoring, reviewing, and rewarding as part of the performance management process or strategy.
- Performance reviews, key performance indicators (KPIs), and management dashboards are a few examples of performance management procedures or instruments. Performance management is essentially what businesses undertake to increase their success and keep a step ahead of the competition.
Thus this is the meaning of performance management.
To learn more about performance management, refer: brainly.com/question/14506325
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Answer:
$70,000
Explanation:
cash flows from investing activities generally refers to money made or spent on long-term assets the company has purchased or sold. Investing transactions generate cash outflows, such as capital expenditures for plant, property and equipment, business acquisitions and the purchase of investment securities. Inflows come from the sale of non- current assets such as machines and equipment, businesses and investment securities. For investors, the most important item in this category is capital expenditures, made to ensure the proper maintenance of, and additions to, a company's physical assets to support its efficient operation and competitiveness.
So based on the above discussion, the amount that should be reported in cash flow from investing activities is cash inflow from purchase of machine which is "$70,000"
Answer: $60 million
Explanation: Total output is defined as the total value of all goods produced or services rendered by an individual, group or country. It is the total value which could be amassed from one's input.
Therefore,
An economy with;
Number of workers =2000
Work time of each worker = 1500 hours
Payment rate per hour = $20
Total output = (Number of workers * work time * payment rate per hour)
Total output = 2000 * 1500 * 20
Total output = $60,000,000
Therefore, total output or real gross domestic product of the country is
$60,000,000
Answer:
The expected value will equal the population's parameter.
Explanation:
An unbiased estimator of a population parameter is defined as an estimator whose expected value is equal to the parameter.
