Why might performance management systems be preferred to the performance appraisal system?
What will be an ideal response?
Performance management is an approach that combines goal setting, performance appraisals, and training and development into a unified and ongoing process. As such, it is more of a cyclical and fluid process than the single occurrence of a performance appraisal. This is a superior system to the one-time-per-year appraisal.
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For a multi-chain's new store location, the most inappropriate communication program budget method would be
A. marginal analysis. B. percentage-of-sales. C. competitive parity. D. objective-and-task. E. affordable budgeting.
Break-even point may be expressed in terms of units or dollars
Indicate whether the statement is true or false
A sales invoice included the following information: merchandise price, $5,000; freight, $900; terms 1/10, n/eom, FOB shipping point. Assuming that a credit for merchandise returned of $700 is granted prior to payment, that the freight is has already been prepaid by the seller, and that the invoice is paid within the discount period, what is the remaining amount of cash that should be received by
the seller? A) $4,257 B) $4,300 C) $3,400 D) $4,950
Qualitative methods use management judgment, expertise, and opinion to make forecasts
Indicate whether this statement is true or false.