The results are often influenced by reasons that are beyond the employee's control. Performance management is a corporate management tool that assists managers in keeping track of and assessing workers' performance.
Purpose of performance management is to foster an atmosphere where employees may work to their full potential and produce highest-quality work most effectively and efficiently. Employees are seen by performance management in the context of larger workplace system. The reasons of performance standard is what you aim for in theory, but it's thought to be unreachable. Performance management transforms every interaction with an employee into an opportunity to learn.
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Firms pursuing a ________ strategy focus on the realization of location and experience curve economies.
Firms pursuing a global standardization strategy focus on the realization of location and experience curve economies.
What is a global standardization strategy?The capacity to apply standardized marketing messaging and campaigns across markets, regions, and cultures is referred to as a global standardization strategy. Global standardization is used by the world's largest brands, such as Adidas and Coca-Cola, to offer a consistent brand experience across countries and languages.
For example, the Coca-Cola Company uses global standardization in marketing by keeping the product's presentation largely consistent throughout markets. Even though several languages are shown on the items, the corporation uses the same design motif.
These advantages include cost reduction, international price reduction, competitive decrease, market position consolidation, and promotion of a distinct international image.
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How would the break-even period in this scenario change if you lived in another state? research another state’s minimum coverage requirement and calculate the break-even period you calculated above for that state’s minimum coverage requirements. assume that all other variables (premium, deductible, etc.) are the same. specify the state you researched and its minimum coverage requirements in your answer.
What is meant by break-even period?
In business accounting, the break-even point refers to the amount of revenue necessary to cover the total fixed and variable expenses incurred by a company within a specified time period
To calculate the break-even point in units use the formula:
Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin.
What are insurance requirements?
Insurance Requirements — the part of a commercial contract in which the types and minimum amounts of insurance the parties agree to provide in connection with their performance of the contract are specified.
What is break-even period in business?
A break even point is used in multiple areas of business and finance. In accounting terms, it refers to the production level at which total production revenue equals total production costs. In investing, the break even point is the point at which the original cost equals the market price.
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When a country's economy is producing at a level that exceeds its potential gdp, the standardized (or full) employment deficit will show a ________ when compared with the actual deficit.
When a country's economy is producing at a level that exceeds its potential GDP, the standardized or full employment deficit will show a smaller deficit when compared with the actual deficit.
When the economy is performing extremely well, the standardized or full employment deficit is smaller than the actual budget deficit because the economy is producing about potential GDP, so the automatic stabilizers are increasing taxes and reducing the need for government spending.
A deficit can usually occur when a company, government, or person spends more than it receives in a given period, usually a year or more than that.
Hence, the standardized or full employment deficit will show a smaller deficit.
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What characteristic of a c corporation will make it possible to pass the coporation on to new owners?
Transferable ownership is characteristic of a c corporation will make it possible to pass the coporation on to new owners.
What is Transferable ownership?Transfer of ownership is the process of passing ownership of a thing from one hand to another. This includes the acquisition of a property, the assumption of mortgage debt, the exchange of property possession, and any other land trust instrument.
any method by which property ownership is transferred These include the acquisition of a property, the assumption of mortgage debt, and the exchange of property possession via a land sales contract or any other land trust arrangement.
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The Mahoney Company has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year: If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year
If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year is: $4 per Direct Labor Hour.
Predetermined overhead rateUsing this formula
Predetermined overhead rate=Manufacturing Overhead/Direct labor hours
Let plug in the formula
Predetermined overhead rate = $300,000/75,000
Predetermined overhead rate = $4 per DLH
Therefore If Mahoney uses a plantwide predetermined overhead based on direct labor hours, what would be the predetermined overhead rate for the current year is: $4 per Direct Labor Hour.
The complete question is:
The Mahoney Company has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year:
Assembly
Finishing
Total
Manufacturing Overhead
$200,000
$100,000
$300,000
Direct labor hours
40,000
35,000
75,000
Machine hours
5,000
16,000
21,000
Mahoney started and completed Job 1512 during the year. The job-order cost sheet indicated the following:
Materials Requisitioned$18,000
Direct labor cost16,000
Direct labor hours:
Assembly1,700 Hours
Finishing1,300 Hours
Machine Hours
Assembly1,000 Hours
Finishing700 Hours
A total of 2,000 units were produced on Job 1512.
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When you sell your bicycle to another individual on ebay, you are engaging in which type of e-commerce?
When you sell your bicycle to another individual on Ebay, you are engaging in C2C type of e-commerce.
What is C2C?The business concept that promotes commerce between private individuals is known as "consumer to consumer," or C2C. This area of e-commerce connects people to conduct business with one another, whether it be for goods or services.Business-to-business (B2B), customer-to-business (C2B), and business-to-consumer (B2C) are the other three types of e-commerce (business to customer).A C2C's purpose is to facilitate these connections by assisting buyers and sellers in finding one another. Customers might gain from product rivalry and find things that might otherwise be challenging to find.To know more about C2C with the given link
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What is the velocity of money in this economy?
The Money exchange rates in an economy are gauged by the concept of velocity of money. GDP is divided by the money supply using the velocity of money equation. The velocity of money formula calculates how frequently one unit of the money supply is exchanged for goods and services within an economy.
The rate at which money in circulation is spent on goods and services can be determined by looking at the velocity of money. Investors and economists use it to assess the strength and vitality of an economy. A healthy, growing economy is typically correlated with high money velocity.
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Suppose the U.S. government levies a tax that requires all people to pay 5% of their income to be used for environmental preservation. What type of tax would this be
Suppose the U.S. government levies a tax that requires all people to pay 5% of their income to be used for environmental preservation. type of tax would this be Proportional
The primary sources of revenue for state and local governments are sales taxes, property taxes, and federal revenues. State and local governments impose taxes that are levied on businesses.
State and local governments collect tax revenue from her three main sources: income tax, sales tax, and property tax. Income and sales taxes make up the majority of all state tax revenue, and property taxes are the largest source of revenue for local governments, including school districts. Income taxes are paid to both the federal government and most state governments. Learned 50 terms.
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One of the most popular short-term investments for the largest business organizations is?
One of the most popular short-term investments for the largest business organizations is commercial paper.
What do you mean by commercial paper?
Commercial Paper (CP) is a type of promissory note that is an unsecured money market instrument. In order to give highly rated corporate borrowers more options for short-term borrowing and to give investors another tool, CP was created in India in 1990.
A popular form of unsecured, short-term debt issued by firms, commercial paper is generally used to finance payroll, accounts payable, inventories, as well as to satisfy other short-term obligations.
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While goals should be quantitative in nature, objectives are usually expressed in qualitative terms. group of answer choices true false
The given statement while goals should be quantitative in nature, objectives are usually expressed in qualitative terms is false.
For an Objective to be successful, it must be quantitative. For instance, the target "Make a lot of money" cannot be achieved, however, the objective "Increase Profit by 20%" can be achieved as long as it is time-bound.
A goal is a vision for the future or the desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By setting deadlines, people try to accomplish their goals in a limited amount of time.
An objective specifies the measurable steps that must be taken in order to reach the ultimate aim, whereas a goal is a realizable outcome that is typically broad and long-term.
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In a bid to lower its manufacturing costs, the gallis watch company decides to contract the production of its watch straps to an organization in another country. this is an example of global?
It is an example of global outsourcing.
Global outsourcing, often known as offshore, is the practice of outsourcing to a third party located outside of your nation.
Global outsourcing is the most common source for businesses globally, allowing them to locate sources (agencies and other businesses) with cheaper labor costs, new market prospects, and unique materials to make their entire operations more flexible.
The assignment of certain business operations to a specialized external service provider is what outsourcing is all about. In most circumstances, the company cannot handle all parts of the business process on its own, therefore it seeks assistance from other organizations that specialize in the relevant area.
Therefore, the answer is global outsourcing.
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In the capital asset pricing model, the beta coefficient is a measure of ________
In the capital asset pricing model, the beta coefficient is a measure of non diversifiable risk. The significant items of property such as houses, cars, rental properties, stocks, bonds, and even antiques or works of art are considered capital assets.
An asset with a useful life longer than a year that is not intended for sale during normal the business operations is referred to as a capital asset for the enterprises. It is also a form of production expense as a result. The for instance, a computer purchased by a firm for use in its workplace is a capital asset.
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Cattell’s personality test identified ________ personality traits that were scored on a continuum from high to low.
Cattell’s personality test identified "16" personality traits that were scored on a continuum from high to low.
What is Cattell’s personality test?Allport's list was examined by Raymond Cattell, who reduced it to 171 traits primarily by removing words that were repetitive or unusual. He then determined which attributes are connected to one another using a statistical method called factor analysis.
Some of the descriptive phrases used for each of Cattell's 16 personality dimensions are described in the subsequent personality trait list.
Abstractness: Creative vs. RealisticUncertainty: Fear versus confidenceForceful versus submissive dominanceLiveliness: spontaneous versus controlled Emotional stability: calm compared high-strungFlexibility opposing clinging to the known versus being open to changeControlled versus uncontrolled perfectionismPrivacy: Open versus discreteArgument: Concrete vs abstractRule-consciousness: Adhering to the rules versus breaking themSelf-reliance: Dependence versus independenceSensitivity: Having a soft heart versus a strong mindUnrestrained social assertiveness versus shynesstension: agitated versus at easevigilance: trusting or suspiciousOutgoing versus reserved warmthTo know more about Raymond Cattell's Personality Factor, here
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Kamut met with amy, a buyer, and showed her his new listing. if amy is unrepresented, did kamut err by not providing amy with an agency disclosure?
Kamut met with Amy, a buyer, and showed her his new listing. if Amy is unrepresented, Only in the event that Amy sought guidance from Kamut or disclosed private information (Yes, because any time you meet with a buyer, you must provide agency disclosure). This is further explained below.
What is agency?Generally, a company or organization performs a certain service for the benefit of a third party, which may be another company, an individual, or another group.
a written explanation for the client, to be signed by the potential buyer or seller, that explains the function that the broker performs in the transaction and asks for the client's approval.
In conclusion, Amy, a potential purchaser, went to see Kamut, and he showed her his newest listing. if Amy does not have legal representation, only in the event that Amy sought advice from Kamut or shared confidential information would this clause apply (Yes, because any time you meet with a buyer, you must provide agency disclosure).
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Key areas you as a broker/agent have control over and impact upon regarding Star Ratings for quality are
The key areas that a broker has control over would be all of the above. These are:
Member satisfaction/Experience, Complaints, Rapid DisenrollmentWho is a broker?This is the term that is used to refer to a person that has to act on behalf of another party. The broker is one that helps to act as an agent especially when it comes with making a deal.
The quality for the broker is a very necessary component of what they do. It is very necessary that the broker is able to keep the customers satisfied and free from complaints.
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The framers wanted the constitution to last for centuries, and understood that would only happen if the document was:______.
That would only happen it if the document is changeable.
In governance and law, an amendment is an addition or change made to a constitution, legislation, or legislative bill or resolution. Amendments can be made to existing constitutions and statutes, as well as to legislation during their transit through a legislature.
A correction is essentially what an amendment is. It can take numerous forms, including the process of changing something through legislative or constitutional processes. In the United States, the term is frequently used to refer to a modification to the United States Constitution. A constitutional amendment can be proposed by Congress with a two-thirds majority vote in both the Senate and the House of Representatives, or by a constitutional convention with a two-thirds of the majority vote in both the Senate and in the House of Representatives.
Therefore, the answer is changes in constitution.
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Examining internal or external records or documents that are in paper form, electronic form or other media is known as?
5-7 The types of procedures and their definitions are as follows. (1) Inspection of records or documents consists of inspection of internal and external records or documents on paper, electronic or other media.
External evidence is considered more reliable than internal evidence because it is in the hands of both the client and another party. This means acceptance of the information and conditions contained in the document.
Internal documents are records created and kept within a company. Documents are used to support organizational processes. Examples of internal documents include employee time cards and timesheets, production schedules, purchase requisitions, receipt reports, sales orders, and disposal approvals.
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When a mcdonald's opens in your local area by franchising to a franchisee, what is the benefit to the mcdonald's corporation?
By expanding its franchisee of locations by one more, McDonald's Corporation gains. McDonald's will undoubtedly make alot of money at the new location. Since franchisee offer finance choices, building and training support, marketing assistance, and specific techniques that have been proved successful on the front line for years, they significantly reduce the risk that most small business owners confront.
Franchisees' chances of success are further increased by strict upfront requirements for capital investments and managerial experience. Business makes money by leveraging its fast food product to franchisees who must lease facilities that are owned by McDonald's, frequently at significant markups.
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Tina is the inventor of a personal fitness tracking device, and she is in the process of hiring employees after receiving investment funding. When considering how to structure her company, she should?
She should first establish a strategy and let that be her guide.
Strategy is a widespread plan to achieve one or more lengthy-term or normal goals under conditions of uncertainty.
The strategy is an action that managers take to reap one or greater of the organization's goals. strategy can also be described as “A fashionable path set for the company and its diverse components to acquire a preferred country within the destiny. approach results from the distinctive strategic planning system”.
A tactic refers to the precise moves taken to attain the set goals in line with the method. for instance, organization A's strategy is probably to end up the most inexpensive company in the smartphone market. Their managers then need to negotiate with suppliers to reduce the costs of the electronic additives utilized in production.
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If your company’s product is mobile phones, do you think it would make better strategic sense to employ a multidomestic strategy, a transnational strategy, or a global strategy?
A global strategy would be appropriate since most mobile phones are constructed to work globally and buyer needs across the world are relatively universal.
Companies adopting cross-border strategies are seeking a middle ground between multilateral and global strategies. Such companies try to balance the desire for efficiency with the need to adapt to local tastes in different countries.
Unlike the Strategy, the Global Strategy is centralized and managed from headquarters, seeking to maximize global efficiency. With this strategy, the products are much more standardized than tailored to the local market.
Four major global strategies form the basis of the organizational structure of a global company. These are domestic exporters, multinationals, franchisors, and multinational corporations. Each of these strategies is pursued with a specific operational organizational structure
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Which approach to international human resource management is based on the parent company's home-country frame of reference?
Ethnocentric approach to international human resource management is based on the parent company's home-country frame of reference.
We fill positions around the world with people from our parent country because of the ethnocentric approach to recruitment. For instance, if we needed to fill an executive position in another nation, we could: Relocate one of our current workers who is a citizen or permanent resident of our parent nation.
The term "ethnocentric staffing policy" refers to a multinational corporation's decision to hire managers for critical roles from the parent headquarters rather than local employees ("Global Human Resource Management").
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Social factors exert the broadest and deepest influence over a person’s consumer behavior. True or false?.
Social factors exert the broadest and deepest influence over a person’s consumer behavior false (culture)
Culture :
A person’s culture is represented by a large group of people with a similar heritage. Culture exerts a strong influence on a person’s needs and wants because it is through culture that we learn how to live, what to value, and how to conduct ourselves in society. The American culture, which is a subset of the Western (European) culture, will be the primary focus of this discussion, although other societies in other parts of the world have their own cultures with accompanying traditions and values.
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Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to fiedler’s contingency model, luke is what type of leader?
Luke is the type of leader that concentrates on relationships as he leads and not just tasks. Luke is an LPC type of leader.
Option A high - LPC leader.
Fiedler's Contingency Theory of Leadership is a good reminder that leadership isn't a one-size-fits-all approach. It's possible that just because your team isn't functioning as well as it should, you aren't a competent leader. Instead, your natural leadership style might not be the best fit for your team's current demands.
You are more relationship-oriented if you rank your least favorite coworker positively on a range of different parameters. You are more task-oriented if you judge them less positively on the same criteria.
Essentially:
You're a relationship-oriented leader if you have a high LPC rating.
You're a task-oriented leader if you have a low LPC.
Building relationships, creating team cohesion, and managing interpersonal conflict are all skills that relationship-oriented leaders excel at. Task-oriented leaders are good at coordinating projects and teams to get things done quickly and efficiently.
Disclaimer: The question was incomplete. Please find the full content below.
Question: Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to Fiedler’s Contingency Model, Luke is what type of leader?
A) A moderate-LPC leader
B) An adequate-LPC leader
C) A high-LPC leader
D) A low-LPC leader
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When adjusting the bank balance in a bank reconciliation, which item must be added to the bank balance?
Answer: ADJUST THE BANK STATEMENTS
Explanation:
Adjust the balance on the bank statements to the corrected balance. For doing this, you must add deposits in transit, deduct outstanding checks and add/deduct bank errors.
A ________ is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed
A banker's acceptance is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed.
A banker's acceptance requires the financial institution to pay the holder a set amount of cash on a set date. BAs are maximum generally issued ninety days before the date of adulthood but can mature at any later date from one to one hundred eighty days. They may be usually issued in multiples of $100,000.
A banker's acceptance is a device representing a promised destiny fee by means of a financial institution. The price is customary and guaranteed with the aid of the bank as a time draft to be drawn on a deposit. The draft specifies the amount of budget, the date of the fee, and the entity to which the payment is owed.
Once the exporter ships the mobiles, it presents the proof (i.e., documents) to our bank and receives the banker's recognition. The German firm can hold the bill till adulthood or cut the price today thru the German financial institution.
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A banker's acceptance is a way of conducting business in global markets that promises a bank will pay some specified amount at a particular time, with no specific conditions imposed.
A banker's acceptance requires the financial institution to pay the holder a set amount of cash on a set date. BAs are maximum generally issued ninety days before the date of adulthood but can mature at any later date from one to one hundred eighty days. They may be usually issued in multiples of $100,000.
A banker's acceptance is a device representing a promised destiny fee by means of a financial institution. The price is customary and guaranteed with the aid of the bank as a time draft to be drawn on a deposit. The draft specifies the amount of budget, the date of the fee, and the entity to which the payment is owed.
Once the exporter ships the mobiles, it presents the proof (i.e., documents) to our bank and receives the banker's recognition. The German firm can hold the bill till adulthood or cut the price today thru the German financial institution.
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The amount of additional satisfaction obtained from consumption of an additional unit of a good or service is _______.
The amount of additional satisfaction obtained from consumption of an additional unit of a good or service is "Marginal Utility".
What is marginal utility?The additional pleasure a consumer has from owning one extra unit of an item or service is known as marginal utility. Economists utilise the idea of marginal utility to estimate the quantity of a good that consumers will buy.
Some key features of marginal utility are-
The additional satisfaction a consumer experiences from owning one extra unit of an item or service is known as marginal utility.When the overall utility is increased by the consumption of the an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit.Economists utilise the idea of marginal utility to estimate the quantity of a good that consumers will buy.Progressive taxation are frequently defended using the law of decreasing marginal utility.Negative, zero, or positive marginal utility are all possible.To know more about rule of marginal utility, are
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If country a has a comparative advantage in the production of automobiles and country b has a comparative advantage in the production of boats, which country will gain from trade?
If country a has a comparative advantage in the production of automobiles and country b has a comparative advantage in the production of boats, both country will gain from trade.
What is comparative advantage?Comparative advantage is an economy's or business is the advantage a business have over another business.
It occurs when goods are produce at a lower cost compare to other country. The goods are sold to other country who can not produce given them an advantage other countries with more profit to their countries economy.
Therefore, If country a has a comparative advantage in the production of automobiles and country b has a comparative advantage in the production of boats, both country will gain from trade.
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An advantage of a small manufacturer over a large manufacturer is the speed with which new products can be introduced to the marketplace.true of false
It is True that An advantage of a small manufacturer over a large manufacturer is the speed with which new products can be introduced to the marketplace.
How can new products can be introduced to the marketplace?The new products can be introduced to the marketplace base on how big is the manufacturer, because it takes lesser period of time for smaller manufacturers to introduce product to the market because their chain of production channel is not long.
Hence, It is True that An advantage of a small manufacturer over a large manufacturer is the speed with which new products can be introduced to the marketplace.
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There is __________ market "concentration" in airlines, automobiles, beer production, and cigarette manufacturing.
There is a High market "concentration" in airlines, automobiles, beer production, and cigarette manufacturing.
Automobiles, also known as motorcars or cars, are four-wheeled vehicles primarily intended for the transportation of people, usually powered by internal combustion engines that use volatile fuels.
'Automobile', a classical compound of the ancient Greek autós (αὐτός) 'self' and the Latin mobilis 'mobile', came from French into English and was first adopted by the British Automobile Club in 1897. it was done.
Cars can be classified as the number of wheels they have. For example Two-wheeled vehicles (motorcycles, scoots). Tricycles (cars, totos, etc.). Four-wheeled vehicles (passenger cars, buses, trucks, tractors, etc.).
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The flow of _____ capital is controlled by the processes of immigration, migration, and emigration.
Answer:
The flow of Human capital is controlled by the processes of immigration, migration, and emigration.
