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olga2289 [7]
3 years ago
14

Budgeted performance is a better criterion than past performance for judging​ managers." do you​ agree? why?

Business
1 answer:
eimsori [14]3 years ago
3 0
Not really, the budgeted performance is like an expectation of a work, which is still uncertain until the result comes, in other words, an opinion on a work; while the past performance was the fact, which came from the employee's work in the past few months. To judge the fact is better than an uncertain picture.
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USPshnik [31]
C would be the answer
8 0
2 years ago
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In order to build alliance management capabilities in small companies, it is recommended that firms take the ______ approach
julia-pushkina [17]

Answer:

non-equity alliance.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Mission.

II. Value.

III. Vision.

Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.

A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.

8 0
3 years ago
Read 2 more answers
The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements abou
AleksandrR [38]

Answer:

Letter A

Explanation:

The main objective of the WTO is to promote the liberalization of world trade, reducing or extinguishing trade and customs barriers to facilitate economic exchanges at the international level. The agreements involve trade in goods, services, and intellectual property.

It is also important to know that currently, the World Trade Organization has 156 member countries.

5 0
3 years ago
Had the government taken over the assets of Global Trading without compensation, and not taken over the assets of any other comp
AlladinOne [14]

Answer: Expropriation

Explanation:

Expropriation means to take possession of a private property for public use.

Expropriation can be defined as the process by which government takes over private owned properties against the wishes of the owners.

Government takes over those properties with the aim of using them to benefit the public. The property owners might be compensated.

The government expropriate private properties sometimes, for infrastructural purpose such as airport, highway and railway.

Expropriated properties are usually taken against the wish of the private owners.

3 0
3 years ago
The chart gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP
skad [1K]

Answer: Nominal GDP 2016 = $7,100

REAL GDP 2016 = $3,700

Nominal GDP 2017 = $4,500

Real GDP 2017 = $4,500

Explanation:

To calculate the Nominal and Real GDPs we use the following formulas,

Nominal GDP = Sum of (Current Year Price x Current Year Quantity)

Real GDP = Sum of (Base Year Price x Current Year Quantity)

We make the assumption that 2017 is the base year so calculating would be,

Nominal GDP, 2016 = [(7 x 600) + (70 x 20) + (300 x 5)]

= $(4200 + 1400 + 1500)

= $7,100

Remember for this we will use 2017 as the base year so we will use 2017 prices

Real GDP, 2016 = [(3 x 600) + (20 x 20) + (300 x 5)]

= $(1800 + 400 + 1500)

= $3,700

Nominal GDP, 2017 = [(3 x 400) + (20 x 90) + (300 x 5)]

= $(1200 + 1800 + 1500)

= $4,500

Now seeing as 2017 is the base year, it's nominal and real GDPs will be the same.

Real GDP, 2017 = $[(3 x 400) + (20 x 90) + (300 x 5)]

= $(1200 + 1800 + 1500)

= $4,500

I included the details part of question so it is clearer.

If you have need any clarification do react or comment.

3 0
3 years ago
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