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sweet [91]
2 years ago
9

4-1) Consider any organization you are aware of from work, study, or the media. How do they manage people? Do people in those or

ganizations feel important?
4-2) What is your personal experience of performance appraisal and/or performance related pay? Consider the arguments made in this course, which best fit your experience? Ask two of others for their experience and briefly describe the appraisal system you want.
you can give your own opinion in brief
Business
1 answer:
kherson [118]2 years ago
5 0

There are different organizations with different ways of management of resources and personnel. The answers to the questions is below;

In the organization that I had worked for, I can say they have a good management. They are very direct in their management, they make you understand your duties and they make sure all follow the process outline. There are often consequences if one fails to perform his or her duties but their management was great and it lead to the growth of the organization.

People in those organizations feel important because the organization value them, value their input and personal wellbeing as well as their growth.

I worked in the accounting/ sales management unit for some months and I can say it was a good experience for me as I got to known more about using good software that makes it easy to work. I did a get job from the onset of my work. The Managing director was happy and had to increase my salary in the first month.

I can say my experience was more of educative as I learnt a whole lot of things. The Experience of the others was a little different from mine but they both believe that they did grow intellectually and morally.

Learn more about organization management from

brainly.com/question/25703249

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One of the elements of the Fraud Triangle focuses on how easy or hard it is for the internal control system to prevent any fraud
olga55 [171]

Answer: Opportunity

Explanation:

1. Opportunity - Given the fact that employees are granted access to very important documents, this might provide them the opportunity to commit theft. Employees who occupy top positions have access to classified information of the company which when manipulated can result to disastrous consequences. It now be holds on the employers of labour or the internal control system, to limit access to such information so as to make it hard for such fraud to be committed.

The procedures used by auditors to provide evidence are in two phases namely; the planning phase and execution phase.

1. The procedure for the planning phase is - Designing Appropriate Procedures : The evidence in this case could be a red flag noticed in the account records. The person who tried to commit the fraud could change figures in places that may not be noticeable.

2. The procedure for the execution phase involves - Implementing Appropriate Procedures : The evidence could be seen as an error. This error most likely results in wasteful spending.

8 0
3 years ago
6. Asset 1 has an expected mean return of µ1 =9%, standard deviation of its return is σ1 = 6%. Asset 2 has an expected mean retu
Paraphin [41]

Answer:

Weight w1 = 0.65

Weight w2 = 0.35

Expected return =10.75%

Explanation:

w1 + w2 = 1 ........... (1)

w1 = SD of asset 2/(SD of asset 1 + SD of asset 2)

w1 = 11 ÷ (6 + 11) ⇒ 0.65

∴ w2 = 1 - w1 ⇒ 1 - 0.65

w2 = 0.35

Expected return = Weighted average

[0.65 × 9] + [0.35 × 14] ⇒ 10.75%

4 0
4 years ago
What are the benefits and risks of saving and investing a banks, savings and loans?
Iteru [2.4K]
Well i know one benefit, when putting your money in a savings account you gain interest. Granted it's not much but over time it will add up. 
5 0
4 years ago
The income statement will present
e-lub [12.9K]

Answer:

a. revenues less expenses (order is not important)

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

3 0
3 years ago
Your bank account pays a 5% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is
Ugo [173]

Answer:

The answer is option d. The periodic rate of interest is 1.25% and the effective rate of interest is greater than 5%

Explanation:

Step 1: Determine stated interest rate

The stated interest rate=nominal interest rate=5%

Step 2: Determine periodic interest rate

The periodic interest rate can be expressed as;

periodic interest rate=stated interest rate/number of compounding periods

where;

stated interest rate=5%=5/100=0.05

number of compounding periods=4

replacing;

periodic interest rate=0.05/4=0.0125×100=1.25%

The periodic interest rate=1.25%

Step 3: Determine effective interest rate

The formula for calculating the effective interest rate can be expressed as;

Effective interest rate={(1+i/n)^n}-1

where;

i=stated interest rate=0.05

n=number of compounding periods in a year=4

replacing;

Effective interest rate={(1+0.05/4)^4}-1

Effective interest rate=0.051×100=5.1%

8 0
3 years ago
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