Writeup – Citibank: Performance Evaluation Question 1) Which of James McGaran’s performance measures are objective‚ and which are subjective? Evaluate the pros and cons of objective and subjective measures in a performance evaluation and reward system. Objective performance measures are those which are directly quantifiable and are not subject to the beliefs and interpretations of the observer. Subjective measures on the other hand require interpretation and judgment‚ and while numerical scores can indirectly
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Correlation as a Measure of Association Summary Monique Reed BSHS/435 March 09‚ 2015 Dora Barker Correlation as a Measure of Association Summary Correlation as a measure of association summary that involves testing relationships between two variables. The focus for the test will be based on the strengths of the association and the direction. According to Leedy and Ormrod‚ (2010) “A correlation exist if‚ when one variable increase‚ another variable either increases or decrease in a somewhat predictable
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Strengths and limitations of different assessment methods Assessment Method | Strengths | Limitations | Direct Observation | Allows the assessor to see the candidate in action and may be able to cover several aspects of the qualification during a single session (see also Holistic)The observation can take place while the candidate’s normal work place so there is minimal disruption as they are able to continue to do their job while being assessed. | A fixed date and time must be arranged to suit
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there has enough demand for the new product W. Qualification When the company fully uses the production capacity‚ it can produce and sell all products. The company should be confident that this is possible at present and in the future. Limitation of breakeven analysis 1. Breakeven analysis can be used for the company which produce only single product. 2. Breakeven analysis is valid within short period of time. Because any of the elements change. It would lead to the change of breakeven
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“Compare the relative advantages and limitations of financial statements prepared on a cash basis with those prepared on an accrual basis” To compare the advantages and limitations of different financial statements begins with first understanding what financial statements are and what different purposes they can be used for‚ as well as the differentiation between cash and accrual accounting. The cash and accrual methods of accounting are the two principle ways of keeping track of businesses takings
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2. Which do you think would be the easiest to measure—the attention level of a class‚ student interest in a poem‚ or participation in a class discussion? Why? Which would be the hardest to measure? The participation of the students in class is hardest to measure as the perception and liking changes with the passage of time and it is not feasible or easy to think about this. Poems and the other such actions are easy to measure that liked or not by the students so it would not be the issues in that
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Laguna University RECS Village Bubukal Sta.Cruz Laguna Chapter I Introduction In modern age‚ Information Technological advancement has minimized the whole world. Advancement of technology gave lots of benefits for all industries using it. With the use of advance technology‚ process became more fast‚ accurate and effective. As time passes by computers became more useful for every process being made. Modernization in every transaction became more popular as it reached even small organizations
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Privacy‚ Laws‚ and Security Measures Percy A. Grisby II Computer Ethics January 23‚ 2015 Professor Sonya M. Dennis Privacy is the rights an organization or an individual has to collect‚ disclose‚ retain and use their personal information (Subramanian‚ 2008). When we talk about privacy‚ most of the times it deals with private information which is the information that are linked directly or indirectly to an individual. Private information helps identify customers‚ employees and other stakeholders
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Why is GDP per capita useful as a measure of living standards? What are the limitations of GDP per capita as a comparable measure of living standards? Gross Domestic Product (GDP) measures the monetary value of final goods and services produced in a given year by factors of production within a country. GDP reports are released on the last day of each quarter‚ reflecting the previous quarter. Therefore‚ it is measured on a quarterly basis and measures the level of economic growth in different countries
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Argue for the limitation of speed limits In American society today‚ there are numerous laws designed to protect all citizens. One such law is having a speed limit. This requires motorists to drive reasonably and consider the conditions and potential hazards‚ regardless of what the speed limit signs say. As the automobile demands grew‚ the streets and highways expanded throughout the US‚ lawmakers created speed limits. On thee another hand‚ some citizens believe with modern day road materials
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