Answer:
The correct answer is Validity.
Explanation:
The objective of the evaluation of the labor performance is to know the performance of a worker in the responsibilities that correspond to him, his abilities, knowledge, etc. as well as to detect possible inefficiencies and points for improvement. Often, it is also used to analyze the progress of an employee after joining the team, after a certain time or periodically, to see how they are working in their job, their development, and if the experience acquired or the Work performed corresponds to the objectives expected to be met.
Along the same lines, job performance is also evaluated in order to make decisions that affect salary increases, promotions, layoffs, incentives, and other issues that determine the present and future of a worker in the company.
In order for the performance evaluation to be valid and provide us with the most realistic results possible, it is advisable to follow certain basic rules:
- The employee must know that he is being evaluated and must know the objectives based on which his performance is being measured.
- The indicators to be measured must be adapted to each job position and supported by information relevant to their position and the tasks performed.
- It is preferable that the person in charge of the evaluation belongs to the team and is in direct contact with the worker, to know their evolution first hand and help them in their development.
Answer:
Service products cannot generally be produced in advance or stored.
Services are typically variable, and in almost every service offering, the service cannot start until the customer arrives and actively participates.
Explanation:
Services have distinguishing characteristics that differentiate them from goods.
To start with, services cannot be produced in advance as production and consumption happen at the same time.
Also,the customer must be present and actively contributes to the delivery of the service, for instance, haircut cannot happen except the customer comes to the salon and obeys the instructions of the barber as they go along.
Besides,there is no physical substance in service unlike purchase of goods.
Answer:
Material and controllable
Explanation:
Management by exception is a business practice where only only significant difference between actual and normal is identified and treated accordingly.
Answer:
b. Should the firm pay cash for a purchase or use the credit offered by the supplier?
Explanation:
Working capital decision is the decision which includes the cash, Account receivable, Account payable, the portion of debt payable within one year. Decision related to supplier is actually related to account payable. so this is the working capital decision. Other decision involves fixed assets, long term debt, investments and projects under consideration.
<span>The mechanism, process, or means by which buyers and sellers are brought together.</span>
