Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
KS, the Finance Manager of TZY Company's Finance Department, is aware that it is approaching the time of year when he requirements to conduct staff appraisals. However, he is conscious that, in the past, feedback has suggested that many members of his team feel that the appraisal process is a waste of time, and that they have better things to do. This year he requires to make sure that staff perceive it as a valued activity.
Explain the points KS could make about the appraisal process to help staff appreciate its value both for themselves and for TZY Company.
Essentially, the staff appraisal process can be considered as a tactical control system that can be used by organisations to review, monitor and evaluate the performance of employees. As well as being viewed as having a role in organisational control, appraisal can also be used to maintain and motivate employees. If conducted in a regular and systematic way, staff performance appraisal should help better the effectiveness of the staff working in the Finance Department of TZY Company.
There are a number of advantages of staff appraisal for TZY Company. For instance, it gives a system which could help KS in assessing the competence of the employees working in the Finance Department, as well as identifying areas for improvement. It can also be used to give a fair process for reward decisions, not only financial rewards but also promotion. It would assist KS in identifying and formulating the training requirement of his staff. It can also be seen to help in improving communications among KS and his staff, since it is an opportunity in the year to sit down in private to have a conversation. It also permits for the setting of clear objectives and targets for staff which should link to TZY Company's corporate objectives.
Explain about the Break Even Analysis. Break Even Analysis: Break even Analysis means that at some point within the operations, total revenue equivalent to total cost. Break ev
ST is the operations director of F Bakery. He is in the process of putting together a project plan for the introduction of a latest production plant that will enable the bakery to
Illustrate the term Industrial Relations briefly? Industrial Relations (IR): Industrial Relations are that aspect of management that deals along with the manpower of the e
T he dark side of quality cost analysis The Quality Cost Analysis will always look at the organisation's costs and not the customer's costs. The manufacturer and the seller ar
A reas of Business Excellence Typically, we think about business excellence in the terms of superiority, but in practice, it is frequently translated into features of the busi
How can management get more number of goods? Management can get more number of goods (output) though the similar amount of resources input as given below: • Through reducing
Example of a strong matrix
Question: As the Managing Director of your organization, you have been analyzing other institutions that you regard as competitors. Extrapolating your current position up to t
Product Based Layout Also called the straight line layout or layout for serialized manufacture, product layout involves the arrangement of machines in one line depending upon
what are applications of PTS
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd