Evaluation of performance is essential to encourage changes in behavior and to support individual career development and continuous improvement through organizational learning.
Answer the following statement true (T) or false (F)
True
Evaluation of performance is essential to encourage changes in behavior and to support individual career development and continuous improvement through organizational learning. Evaluation implies measurement against specific criteria. Experience corroborates that before commencement of a project, the stage must be set so expectations, standards, supportive organizational culture, and constraints must be in place; if not, the effectiveness of the evaluation process will suffer.
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Richard Inc expects to sell 28,000 units. Each unit requires 4 pounds of direct materials at $15 per pound and 3 direct labor hours at $12 per direct labor hour. The overhead rate is $9 per direct labor hour. The beginning inventories are as follows: direct materials, 2,500 pounds; finished goods, 3,100 units. The planned ending inventories are as follows: direct materials, 4,000 pounds; finished
goods, 3,200 units. Given a planned production of 5,000 units, what are the planned direct materials purchases of Richard? A) $300,000 B) $258,000 C) $240,000 D) $322,500
Other things held constant, if the investors become less risk averse, the new security market line (SML) would _____.?
A. ?not be affected B. ?shift down C. ?shift up D. ?have a steeper slope E. ?have a less steep slope
Changing the product's quality is a distinct alternative in the maturity stage of the product life cycle.
Answer the following statement true (T) or false (F)
Nero is an elderly man who lives with his nephew Mervyn. Nero is depend-ent on Mervyn for support. Mervyn advises Nero to "invest" in Mervyn's "profes-sional gambling" venture, or Mervyn will no longer support him. Nero liq-uidates his other investments and signs a contract with Mervyn, to whom Nero gives the funds. Can Nero set aside this contract?