Tutorial 1. Organization can reward employees in several ways‚ which is whether it can be tangible or intangible. Tangible reward that employee can received is includes cash compensation and benefits such as: * Base pay: * It is given to employee in exchange for work performed. Base pay includes a range of value‚ focuses on the position and duties performed rather than an individual’s contribution * Cost-of-Living Adjustment and Contingent Pay * Cost of living implies
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Justin Sunwoong Choi A01982970 Dr. Cliff Skousen Circuit City Stores‚ Inc. (A) 1. Which of the three approaches to accounting for extended warranty and service contracts is most consistent with the actual substance of a sales transaction involving equipment and an extended warranty contract? Explain your selection and your reasoning fully. Circuit City should go with the Approach 3: Partial Revenue Recognition. At the beginning of the article‚ it shows that Circuit City believed that the
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Overlook Video Stores Inc. (OVS) To: Ms. Alice Hartford‚ Partner From: CA‚ Audit Senior Re: Planning for the year end 2009 of OVS and requested control deficiency information Engagement Overview The purpose of this memo is to document the planning of the financial statement audit st engagement of our client Overlook Video Stores Inc. (OVS) for the year ended December 31 ‚ 2009. OVS has been our client since its inception in 1998. This year’s audit will commence January‚ 2010‚ th
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Multidisciplinary Research Vol.2 Issue 6‚ June 2012‚ ISSN 2231 5780 PERFORMANCE APPRAISAL AS EMPLOYEE MOTIVATION MECHANISM IN SELECTED FINANCIAL INSTITUTIONS IN KUMASI‚ ASHANTI REGION OF GHANA DR. KOFI OSEI AKUOKO* *Vincent de Paul Kanwetuu‚ Department of Sociology and Social Work‚ Faculty of Social Sciences‚ College of Art and Social Work‚ Kwame Nkrumah University of Science and Technology‚ Kumasi‚ Ghana. ABSTRACT Performance appraisal system (PAS) has been viewed by academics and human resource
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benefits and other rewards as effective performance management instruments to increase operational efficiency and enhance performance. It is very important for the organisation to attract‚ motivate and retain the best people who will be a key influence on its future success. Furthermore‚ in recent times‚ most members of the community believe that skilled people are an essential part of sustaining an organization’s long-term competitive advantage. So‚ successful pay‚ rewards‚ compensation and benefits
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Pelican Stores Course : Probability and Statistics Member : Sonsoem‚ Nattima Saldivar‚ Penelope Rice‚ Leslie Managerial Report 1. Percent frequency distribution for key variables. Frequency for Net Sales Maximum 287.59 Minimum 31.60 Range 255.99 # of Classes 6 Calc Width 42.665 Frequency for Type of Customer Status Freq Rel. Freq Regular 30 0.3 Promotional 70 0.7 Total 100 1 Frequency for Method of Payment AmEx 2 0.02 Discover 4 0.04 Mastercard 14 0.14 Visa 10 0.1 Proprietary Card
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LITERATURE AND STUDIES 2.0. Introduction Performance evaluation reflects an employee’ actual job performance levels‚ but in order to get a true picture‚ the rating must be accurate. Accuracy is the primary goal of appraisal system. Employment decisions that are based on accurate ratings are not valid and would be difficult to justify if legally challenge. Moreover employees ten to lose their trust in the system when ratings do not accurately reflect their performance levels‚ and this cause morale and turnover
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The Rewards of Living a Solitary Life By Affifi Hakimi bin Hussen One of solitude paradoxes –that challenges the mind of every man-is how a loner’s perspective remains persistent over time. While May Sarton’s “The Reward of Living a Solitary Life” discusses the virtues of being in the state of solitude‚ it also provides an in-depth view of what and how the person thinks while being alone. Consider the following : how does one experiences the vicissitude of loneliness? Does not one afflicted from
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Performance measurement‚ Compensation and Multinational Considerations Mukhammadbobir 1401617 Faruddin 1401625 Louis Awu 14016 Performance Measurement is generally defined as regular measurement of outcomes and results‚ which generates reliable data on the effectiveness and efficiency of programs. Performance measures quantitatively tell us something important about our products‚ services‚ and the processes that produce them. They are a tool to help us understand‚ manage‚ and improve what our
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SWOT analysis of Dunnes Stores In this part of project I will try to analyse Dunnes Stores using very useful tool in business environment called SWOT analysis. Abbreviation SWOT stands for Strengths‚ Weaknesses‚ Opportunities and Threads. It analyse internal factors of business‚ the Strengths and Weaknesses as well as external factors which are Opportunities and Threads. It is one of most popular technics used for gathering and comparing information‚ it used as universal tool for the first stage
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