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ArbitrLikvidat [17]
3 years ago
6

Write a detailed note on process of MBO

Business
1 answer:
sergeinik [125]3 years ago
4 0

Answer:

the safe steps of the MBO process are Define organizational goals Define employees are objectives continuous monitoring performance and progress perform evaluation providing feedback performance appraisal. Define organizational goals goals are critical accused organizational Effectiveness and they served a number of purposes organizations can also have several different kinds of gold all of much would be appropriately managed and a number of different kinds of managers must be involved in setting goals the goals set by their superiors are preliminary based on an analysis and judgment as to what can and what should be accomplished by the organization within a certain period. Define employees objectives after making sure the employees managers have informed a pertinent General objectives strategies and planning premises the manager can then proceed to work with employees and setting their objectives asked what goals the employees believe they can accomplish and what time. And with what resources they will then discuss some preliminary thoughts about what go seem feasible for the company or Department. continuous monitoring performance and progress MBO process is not only essential for making line managers and business organization more effective but also equally important for monitoring the performance and progress of employees for monitoring the performance and progress the following are required identifying and effective programs by comparing performance with preestablished objectives using zero based budgeting applying Bo concept for measuring individual and plans preparing long and short-range objectives and plants installing effective controls and designing a sound organizational structure with clear responsibilities and decision-making Authority at the appropriate level. performance evaluation under the NBA process performance review is made by the precipitation of concern managers. providing feedback the filial ingredients in an MBO program and continuous feedback on performance and goals that allow individuals to Monitor and correct their own actions base continues feedback is supplemented by periodic formal appraisal meetings in which superiors and subordinates can review progress toward goals weight sled to further feedback. performance appraisal. performance appraisals are irregular view of employee performance with an organization it is down at the last stage of the MBO process.

hope this helps

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Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,000
yarga [219]

Answer:

An increase in sale for 90 units, will increase the net income for 1$,170

Explanation:

<em>We are not given with any information of additional cost or special price for this units, so we use the current values.</em>

So we simply multiply the contribution per unit by the increase in sale.

Contribution Margin  x Δ sales = Δ income

13 x 90 = 1,170

Each unit contributes with 13 additional income, there are 90 additional units

Total income added 1,170

8 0
3 years ago
Ratio Calculations Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.2x Return on assets (ROA) 5% R
Valentin [98]

Answer:

2.27% ; 61.54%

Explanation:

Given that,

Sales/Total assets = 2.2x

Return on assets (ROA) = 5%

Return on equity (ROE) = 13%

Therefore,

Return on assets = Profit margin × Assets turnover

0.05 = Profit margin × 2.2

Profit margin = 0.05 ÷ 2.2

Profit margin = 0.0227 or 2.27%

Percent of total assets is from equity:

= Return on assets ÷ Return on equity

= 0.05 ÷ 0.13

= 0.3846 or 38.46%

Hence, the debt is as follows:

Debt = Assets - equity

        = 1 - 0.3846

        = 0.6154 or 61.54%

7 0
3 years ago
Globalization is the process of
Gwar [14]

Answer:

Connecting the world over time

Explanation:

Is the process of interaction of businesses and exchanges worldwide.

7 0
3 years ago
from a company's viewpoint, the existence of an active, liquid, well-organised market in existing shares:
garri49 [273]

From a company's viewpoint, the existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.

<h3>What is a secondary market?</h3>

A secondary market is a securities market for the exchange of securities and assets among investors rather than with the issuing entities.

The types of secondary markets include:

  • Over-The-Counter Markets
  • Stock Exchanges
  • Auction markets
  • Dealer markets.

<h3>Answer Options:</h3>

A. facilitates the raising of further capital in the secondary market.

B. maintains the share price above the initial issue price.

C. encourages successful primary market issues.

D. is of little or no consequence.

Thus, from a company's viewpoint, the existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.

Learn more about secondary markets at brainly.com/question/14484986

#SPJ12

4 0
2 years ago
The process of attracting individuals on a timely basis, in sufficient numbers, and with appropriate qualifications, to apply fo
irina1246 [14]

Answer:

recruitment is the correct answer.

Explanation:

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  • The advantages of the Recruitment process are increased applicant quality, increase manager satisfaction and improve employment name.
4 0
4 years ago
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