Answer:
are all lagging measures of performance
Explanation:
Return on investment, residual income, and economic value added are all lagging measures of performance.
When it comes to divisional performance measures, Return on investment (ROI), residual income (RI), and economic value added (EVA) are all lagging measures of performance they link objectives with performance and present a common basis on which all divisional or branch managers in a decentralized organization, are measured.
A lagging indicator of performance is any measurable or observable variable (performance), that changes after a change has occurred in a target variable (returns).
Hence these methods are lagging methods because a manager can only be said to have performed when such manager has generated returns, revenue or economic value.
Interpersonal skills are the skills used by a person to interact with others properly.
Answer:
Here are some of the Discretionary Benefits I will eliminate alongside my rationale:
1. Utility subscriptions: Employees that enjoy this benefit will take a break. The reason is to channel the funds in supporting company's growth.
2. Sick leave: I will eliminate this benefit because if I have a health insurance policy on ground, the sick leave benefit is optional. Therefore, it's monetary value will be inculcated into the health insurance policy.
3. Funeral expenses: I will rather organize a team of few employees to represent the organization in any case of funeral ceremony. A representation of the company will give the individual a sense of belonging.
4. Vacations: I will not totally eliminate vacations but I will rather focus on vacations that will also help promote the progress of the organization.
5. Earned leave: This will be difficult to eliminate and it will be the least I know look at.
Employees deserve their earned leave in every organization.
The demographic composition will slightly be affected because the discretionary benefits give the employees motivation to work and when such benefits are absent, it may likely affect workforce.
Equalizing task time for each station is the fundamental goal of the fixed position layout. The correct answer is option (d). Fixed position.
<h3>What is fixed position layout?</h3>
With a fixed-position arrangement, the product may stay put while personnel and equipment can move to it as needed. Ships, aircraft, and building projects are examples of products that cannot be moved that are often constructed utilising a fixed-position arrangement.
Facilities can be laid out in one of four ways: process, product, fixed-position, or cellular. Workflow is organised around the manufacturing process in the process layout. Fixed-Position Layouts need the personnel, materials, and equipment to go to the production area, and the equipment is typically left in place since it is either too costly or too complex to shift. Low fixed costs are a benefit of fixed-position layouts, whereas high variable costs are a drawback.
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