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Where is Performance Appraisal help?
Performance Appraisal assists in operational decision making in personnel management gives clues to management for effecting improvements in selection procedures and placement of workers, helps in advising and directing the personnel department to design and implement appropriate training programmes for the betterment of worker performance. This guides employee development and encourages healthy competition between employees. This seeks to discover the potential for development in employees. This attracts good employees to the organization. Throughout the process of performance appraisal, the management gets a concept of the difficulties faced by employees. This seeks to evaluate employee performance in a systematic way.
Information asymmetry exists when - The network is overloaded - Sellers and buyers have the same information - One party in a transaction had more important information th
The purpose of operations management is to make the best use of productive resources. It entails the design and control of all the systems for the productive use of various raw mat
Frame relay is a technology that does no error control. If a frame arrives garbled, it is dropped and frame relay does not inform the transmitter. Is this a reasonable approach?
1. What can top managers do to maximize chances for success here? 2. Cisco went live with ERP in a big bang fashion, which is inherently risky. How did Cisco mitigate this risk?
What internal problems result from the current planning and control policies? In particular, analyze stock turns and availability (e.g. high and low levels).
Metal Fabricators just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds' c
Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternativ
Norms are the unwritten rules that specify appropriate and expected behaviour in teams. Which of the following statements is most true about norms in a team? a. It is best to not i
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of c
String Diagram: String diagram is a simple tool for analyzing and designing work space such that movement can be minimized. The basic diagram is a scale plan or
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