Define and discuss performance reviews

What will be an ideal response?


Answer: Performance reviews clarify job requirements, give employees feedback on their performance relative to those requirements, and establish a personal plan of action to ensure continued performance in the future. Performance reviews also help companies set organizational standards and communicate organizational values. In addition, they document evidence of performance in the event that disciplinary action is needed or an employee later disputes management decisions regarding pay or promotions.

Business

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Operating expenses that are incurred for the sole benefit of and are traceable to a specific department are known as ____________________

Fill in the blank(s) with correct word

Business

Ryan, Peter, and James share profits 3:2:1. They liquidate the partnership. The furniture and equipment are sold at a $8000 loss. The accounts receivable were collected in full and the other assets were written off as worthless. The liabilities were paid off at book value. James argued that he should receive a portion of the remaining cash, but Ryan and Peter disagree. How much cash should James receive or pay?

The balance sheet of Ryan, James and Peter's partnership as of December 31, 2018, is given below.

A) He should receive $1500.
B) He should not receive or pay any money.
C) He should pay $55,500.
D) He should pay $500.

Business

Answer the following statements true (T) or false (F)

1. There are a nearly unlimited number of topics about which we can share information. 2. A speech about an object can cover anything tangible. 3. A speech about an idea is also known as a concept speech. 4. If you speak on an event, you should have personally witnessed it so you have credibility.

Business

Which of the following theories of motivation suggests that if any link in the relationship among individual effort, individual performance, and individual reward is broken, employees will not be motivated?

A. Maslow's hierarchy of needs theory B. Job characteristics theory C. Expectancy theory D. McGregor's Theory Y

Business