Dennis Caplan DIVISIONAL PERFORMANCE MEASURES Chapter Contents: - Divisional Income - Return on Investment - Residual Income This chapter discusses three performance measures used to evaluate divisions and divisional managers. The term “division” in this chapter is shorthand for any responsibility center that is treated as a profit center or as an investment center. Investors and stock analysts use analogous measures to evaluate company-wide performance. Divisional Income: Divisional
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THE PERFORMANCE EVALUATION PROCESS A. SUPERVISORS SHOULD: 1. Translate organizational goals into individual job objectives and requirements. 2. Communicate their expectations regarding staff performance. 3. Provide feedback to staff. 4. Coach the staff on how to achieve job objectives and requirements. 5. Diagnose the staff’s relative strengths and weaknesses. 6. Determine a development plan for improving job performance and
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Design Preliminary Design Model [Placeholder] Tradeoff Approach Though an ultimate and extravagant system is desired for Kudler Fine Foods’ Frequent Shopper Program‚ it is likely that some tradeoffs will have to be made to ensure that the project remains feasible for the company. In designing the Frequent Shopper Program for Kudler Fine Foods‚ it is important to consider certain tradeoffs of the project‚ in terms of costs‚ the schedule of the project‚ and the performance of the system‚ regardless
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Common Flowchart Symbols The process symbol represents a process‚ action‚ or function. It’s the most widely-used symbol in flowcharting. The document symbol represents the input or output of a document. Examples of input are receiving a report‚ email‚ or order. Examples of output are generating a presentation‚ memo‚ or letter. The decision symbol indicates a question to be answered—usually yes/no or true/false. The flowchart path may splinter into different branches depending on the
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the issues above will have an impact on the six steps in the performance management process i.e. how can these issues be incorporated into the six steps of the performance management process – your response is to be supported by information provided in the case. (30 marks) The term performance management‚ may be defined as a systematic process utilized by companies or firms to enhance success by advancing the quality of performance of their staff. This involves the participation of all employees
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Edinburgh’s Telford College ENGINEERING ACCESS TO ENGINEERING F5k512 Engineering design Design is a problem solving activity in which the designer has to convert the customer’s needs for a product into a fully functional design. The customer’s needs are presented in the form of a design brief. A design brief is a description in broad terms of the client’s needs which may contain any of the following: • Client’s requirements • Functional details
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Chapter 2 Process Planning and Design Multiple Choice 1. Which of the following is NOT a basic form of transformation systems? a) Job shop b) Flow shop c) Continuous transformation process d) All of the above are basic forms of transformation systems Answer: d Difficulty: Easy Response: See page 54 Reference: Forms of Transformation Systems 2. Layout analysis is usually performed for the following purpose(s): a) Maximize operational efficiency b) Reduce safety or health hazards c) Minimize interference
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Bridge Design Process In order to begin we must start our design process with the first step. We have to identify the need. The scenario is that we need to connect two pieces of land or structure so that a car must be able to pass through it. In this project we are to design and construct a bridge for a matchbox car. The bridge must be made of balsa wood and glue only. It must support its own weight‚ the load of the matchbox car‚ and additional weights that will be added. Next we must
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Programming Flowcharts Flowcharts A flowchart visually represents and organizes the steps used to write the program—it is a diagram of the “flow” of the process. When programmers write code‚ they need to give the robot instructions that are both sequential and specific. Flowcharts enable programmers to work these steps out before needing to translate their behaviors into code. Reading flowcharts Move from step to step in the chart by following the lines between them. Perform any action listed
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Flowchart for a Process This paper will select a process that I complete every day but would like to spend less time doing. In this case I have selected the process of washing dishes‚ I will include a flow chart to show how steps in a process fit together‚ define and analyze the process. This flowchart will also include comments on the factors that affect the process design and find areas for improvement in the process. This paper will identify one metric that is needed to measure the process
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