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Ann [662]
2 years ago
15

The process by which managers at all levels in the firm gain information about the performance of tasks within the firm and judg

e that performance against pre-established criteria is:
Business
1 answer:
Leni [432]2 years ago
3 0

Answer:

Performance management

Explanation:

Performance management system is a system put in place in an organization to evaluate the performance of employees. It aligns the company's overall goals to available resources and work out performance towards realization of the goals and also develop employees' skills towards achieving the goals and then constant evaluation of performance .

As managers require adequate relevant information about performance of tasks within the system in order to evaluate performance against the set criteria , an effective performance management  makes it possible for him to access

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You are the manager of a firm that produces products X and Y at zero cost. You know that different types of consumers value your
arlik [135]

Answer and Explanation:

a)

If you charge $40 for X then everyone will buy as everyone is willing to pay atleast $40. this means all three groups buy that is 3*1000 buyers.So profit from X = 3000*40= $120,000

And since everyone is willing to willing to pay atleast $60 for Y again all three groups will buy so profit from Y =3000*60=$180,000

profits=$300,000

b)

If you charge $90 and $160 for X and Y respectively you will have only 1000 buyers for each product as others are unwilling to pay this much.

So profits = 1000*90 + 1000*160=$250,000

c)

for a bundle of X and Y buyers are willing to pay a total of $150, $210 and $200 across the three categories.

So everyone will buy a bundle of 1 X and 1 Y.

profits = 150*3000= $450,000

d)

If you charge $210 only the second will buy as they are willing to pay that much so profits =1000*210=$210,000

Also by selling X at $90 group 1 will buy X; profits=1000*90=$90,000

and by selling Y at $160 group 3 will buy Y; profits=1000*160=$160,000

total profits =$460,000

8 0
3 years ago
Joanna Grimshaw makes an hourly rate of $12.50, and she works 40 hours per week. Her boss offers her a promotion to a salaried p
MaRussiya [10]

Answer:

$175 more

Explanation:

She makes 500 without the promotion and 675 minus 500 is 175

5 0
3 years ago
Read 2 more answers
The Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive h
Reika [66]

Answer: a statute

Explanation:

Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive hours of work to utilize the nearest convenient restroom. This law is a statute.

A statute is simply a written law that has been passed by a legislative body. It is a specific statement that the legislative body has approved and also endorsed by an executive body.

5 0
2 years ago
Plant Away is an Oregon-based retailer and distributor of trees and shrubs. They have hundreds of smaller nurseries based around
Rashid [163]

Answer: See explanation

Explanation:

A supply chain refers to the network of people, firms, resources, technology etc that are involved in product creation and sale.

Based on the question, the unique problems that one can anticipate in the supply chain can be due unforeseeable events. For example, the uncertainties in this case can be disease of plants, bad weather, interstate regulations etc.

To remedy the problem, it's vital to have a weather forecast that's up-to-date. This can help in anticipating the challenges and then determining the best transportation routes to take.

3 0
3 years ago
Which of the following is true about online direct marketing?
bogdanovich [222]

Answer:

e) Online direct marketing allows sellers to create immediate, timely, and personal offers.

Explanation:

The use of the internet has facilitated the increase in marketing. It is very easy to reach to the customers and approach them in a very affordable way. The target audience can be reached quickly through online direct marketing. Also, there are several ways by which the customers can be reached in limited time duration.  

4 0
2 years ago
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