Answer:
Quinn values the apple pie at $4 and the chocolate cake at $10 = total $14
- since one "half" will only be chocolate, he needs $7 out of chocolate = 7/10 of the chocolate cake.
- the other "half" will include 3/10 of chocolate cake and the whole apple pie = (3/10 x $10) + $4 = $3 + $4 = $7
If Dustin chooses the second "half" he will receive 3/10 of chocolate cake and the whole apple pie = (3/10 x $4) + $6 = $1.20 + $6 = $7.20
The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".
<h3>What is forced ranking?</h3>
The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.
The problem with forced ranking are-
- This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.
- Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.
The forced rankings beneficial from an employee perspective, here are reasons-
- This system teaches a manager how to assess employees objectively with the right management training.
- When the management system needs to be improved or formalised, forced rankings are advantageous.
- An essential component of business is analysing trends and developments.
To know more about example of forced ranking, here
brainly.com/question/6626507
#SPJ4
Answer:
D. The dollar appreciates against the Hungarian forint.
Explanation:
If after investing, it happens during the next two months that the dollar invested by the American company appreciates against the Hungarian forint.
It would imply that the company will earn less than 8 percent on its investment.
Answer:
$ 2,621.28
Explanation:
The simple interest I=P*R*T
P is the principal amount of $11,000
R is the simple interest rate of 6%
T is the number of years the interest relates to
I=$11,000*6%*11=$7260
Compound interest:
FV=PV*(1+r)^n
FV is the amount of the deposit in eleventh year
PV is the amount deposited which is $11,000
r is the rate of return of 6%
n is eleven years
FV=$11000*(1+6%)^11=$ 20,881.28
I=FV-PV= 20,881.28-11,000=$ 9,881.28
Difference between interest earned=$9,881.28-$
7260
=$ 2,621.28
