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Olenka [21]
4 years ago
15

Gillian works at a publishing firm where employees are compared directly with one another and ordered from best to worst during

performance appraisals. This is an example of _____ as an appraisal method.
Business
1 answer:
AveGali [126]4 years ago
4 0

Answer: Ranking appraisal method

Explanation:

The firm where Gillian work appraises employees using the ranking appraisal method.

Ranking appraisal method: This is a traditional appraisal method in which employees are compared with each other for the purpose of determining their worth. It is the oldest and simplest form of appraisal.

Employees are ranked based on their performance, that is, from the highest to the lowest performing employee or from the lowest to the highest performing employee. The ranking in the form of first position to the last position. Every employee strives to come first and be ahead of each other.

This type of appraisal encourages employees to compete healthily with each other so as to have a better ranking score. Employees become more productive and it increases the business output.

However, it is difficult to appraise employees using the ranking method when there are a large number of employees involved with different behavioural traits.

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The ending balance of accounts receivable was $74,000. Sales, adjusted to a cash basis using the direct method on the statement
denpristay [2]

Answer:

The beginning balance in accounts receivable was: $47,500

Explanation:

Sales reported on the income statement were $385,500, Accounts receivable increased of $385,500 during the period.

Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $359,000. The company collected $359,000 from the sales. Accounts receivable decreased of $359,000 during the period.

The beginning balance in accounts receivable = The ending balance of accounts receivable + Accounts receivable decreased during the period - Accounts receivable increased during the period = $74,000 + $359,000 - $385,500 = $47,500

5 0
3 years ago
Customers at Carat, a premium jewelry store, are encouraged to make an appointment before a visit so that a customer service rep
babymother [125]

Answer: Full service retailer

Explanation: In a full service retailing a business organization makes use of fully trained personnel to actively attend to each customer demands. These sales representative answers questions about the product while outlining benefits of purchasing the product to the purchaser.

The carat organization is actively using the full service retailing method. Where each customer is actively attended to and appropriate explanation on the product is given

6 0
4 years ago
You are the CEO of a major corporation. You have been tasked by the board of directors to turn the company around as they just l
Sergio039 [100]

Answer:

Profit growth

Explanation:

The core responsibilities of a Chief Executive Officer(CEO) involves communicating on behalf of the company with government officials, institutions and entities, making better and responsible corporate decisions that will accelerate the growth and the development of the company and communicating on behalf of the company with its directors, boards and shareholders.

As a CEO of a Major cooperation, my initial attention will be given to the company's profit growth. I will put in place goals, objectives and strategies that would lead the company to growth in revenues and profits generation, and thus, enabling the company to expand and realize unprecedented profit growth.

3 0
3 years ago
Find the present value of $600 due in the future under each of these conditions: 6% nominal rate, semiannual compounding, discou
MA_775_DIABLO [31]

Answer and Explanation:

For computing the present value we need to apply the present value formula i.e to be shown in the attachment

For the first case i.e semi annual compounding

Given that,  

Future value = $600

Rate of interest = 6%  ÷ 2 = 3%

NPER = 9 years × 2 = 18 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $352.44

For the second case i.e quarterly compounding

Given that,  

Future value = $600

Rate of interest = 6%  ÷ 4 = 1.5%

NPER = 9 years × 4 = 36 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $351.05

For the third case i.e monthly compounding

Given that,  

Future value = $600

Rate of interest = 6%  ÷ 12 = 0.5%

NPER = 1 years × 12 = 12 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $565.14

Based on the various compounding i.e semi annual, quarterly and yearly the present value would be different in each case

8 0
3 years ago
For each of the following, is it part of demand for yen or supply of yen in the foreign exchange market? a. A Japanese firm sell
Lorico [155]

Answer:

a. A Japanese firm sells its U.S. government securities to obtain funds to buy real estate in Japan.

This contributes to the demand for yen

b. A U.S. import company pays for glassware purchased from a small Japanese producer.

This contributes to the demand for yen

c. A U.S. farm cooperative receives payment from a Japanese importer of U.S. oranges.

This contributes to the supply of yen for foreign exchange

d. A U.S. pension fund uses some incoming contributions to buy equity shares of several Japanese companies through the Tokyo stock exchange.

This contributes to the demand for yen

Explanation:

3 0
3 years ago
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