You are discussing changing your performance appraisal system with your executive management team. The VP of Operations wants the ability to compare employees working for different managers in different areas of the plant
The best appraisal system for this would be a(n):
A) ranking system.
B) relative system.
C) absolute system.
D) behavior-based system.
Answer: C
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Cooperative may or may not be _____________.
Fill in the blank(s) with the appropriate word(s).
A firm's net working capital and all of its expenses vary directly with sales. The firm is operating currently at 96 percent of capacity. The firm wants no additional external financing of any kind. Which one of the following statements related to the firm's pro forma statements for next year must be correct?
A. Total liabilities will remain constant at this year's value. B. The maximum rate of sales increase is 4 percent. C. The firm cannot exceed its internal rate of growth. D. The projected owners' equity will equal this year's ending equity balance. E. Fixed assets must remain constant at the current level.