PART A INTRODUCTION OF PERFORMANCE MEASUREMENT Growing global competition has affected the organisational structure. Companies have moved to divisional structure‚ which generates the need for top management to assess the divisional performance. Divisions tend to be categorised into either a profit centre or an investment centre. While some measure of profit is used to measure the performance of profit centres‚ for investment centres many firms employ measures that are based on profit and invested
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Introduction Performance appraisal or merit rating is the process of evaluating the performance and the qualifications of the employees in terms of the recruitments of the job‚ for which he is employed‚ for purposes of the administration‚ placement‚ selection for promotion‚ providing financial rewards and other actions which required differential treatment among the members of a group as distinguished from actions affecting all members equally. So it is the process of measuring quantitatively and
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What is a linear programming problem? Discuss the scope and role of linear programming in solving management problems. Discuss and describe the role of linear programming in managerial decision-making bringing out limitations‚ if any. 2. Explain the concept and computational steps of the simplex method for solving linear programming problems. How would you identify whether an optimal solution to a problem obtained using simplex algorithm is unique or not? a) What is the difference between a
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Investigation Techniques Investigation Techniques for Homicide When investigating crimes‚ each type of crime has different types of investigation techniques that investigators will use to solve the crime at hand. One of the major crimes that investigators take part in is homicide investigation. There are several types of homicide ranging from justifiable‚ excusable‚ and criminal homicides‚ to murder and manslaughter. Though sometimes mistaken‚ suicide is technically not a form of homicide
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Delphi Technique — What Is It? | 2. | History | 3. | Key characteristics | 4. | Role of the facilitator | 5. | Use in forecasting | 6. | Acceptance | 7. | Delphi applications not aiming at consensus | 8. | Delphi vs. prediction markets | 9. | The Delphi Technique | 10. | Disrupting the Delphi | 11. | From the representative Republic to a Participatory Democracy | 12. | Prioritization Process Using Delphi Technique | 13. | Delphi Method | The Delphi Technique — What Is It
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Installment = $ 1‚367.63 – $ 1‚173.00 = $ 194.63 Other Assumptions: a) No Tax Implications on the Rental Income or on Disposal of the Property b) No change in the rental rates‚ service charges or interest rates How to Calculate Rental Yields roi property rental investment calculation formula rental yields return Analysis: Let’s compare to a Fixed Deposit (FD) at 3% per annum‚ this property’s rental yields at 6.96% is a good investment. As a guideline‚ the rental yields in property must be
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The Effects of Employee Satisfaction on Company Financial Performance “People are our most valuable asset.” “Our employees come first.” “We’re only as strong as our people.” These declarative statements have been a staple of the American workplace for decades. Yet judging by their routine growth strategies‚ countless senior management teams seem to be in denial of just how accurate those statements are. While most organizations typically emphasize generating new business and cutting costs‚ a rapidly
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Brainstorming is a group creativity technique by which a group tries to find a solution for a specific problem by gathering a list of ideas spontaneously contributed by its members. The term was popularized by Alex Faickney Osborn in the 1953 book Applied Imagination. In the book‚ Osborn not only proposed the brainstorming method but also established effective rules for hosting brainstorming sessions. Brainstorming has become a popular group technique and has aroused attention in academia. Multiple
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Task 3(a) There are many benefits in using steel as a building material. Steel is a very structurally stable material. It is also eco-friendly and energy efficient. According to Hewlett‚ a freelance writer in Houston‚ construction steel is recyclable with the rates of over 90 percent. Unlike wood‚ there’s no need to worry about the material rotting or damages caused by insects. It is very durable and can withstand most weather conditions. There’s also no need for deforestation that are harmful
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Measuring the enthalpy change of vaporisation of water You should attempt this part of the activity even if you have not seen the demonstration of the practical. 1. Calculate a value for ∆Hvap for water in KJ mol-1 using the data from the demonstration. Also‚ calculate ∆Hvap from the following data gathered by a student; 8100 J were needed to distil 2.95g of water. a) Explain why the boiling tube was surrounded with expanded polystyrene (or other similar insulation)‚ but the condenser was left
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