By dividing the anticipated overhead by the anticipated allocation base, one can determine the predefined rate(s). As they are incurred, note the direct costs for each job.
What's a good illustration of predetermined?
When something is predetermined, it means that its form or nature was decided by past circumstances or by individuals as opposed to chance. Since the time of the prince's birth, his fate had been decided. The pesticides in the capsules can be programmed to release at specific intervals.
Anything preset has been selected or prepared in advance. When you sit down to supper with your family at a set time, it signifies that you all planned when you would eat before the food was prepared.
To know more about incurred visit:
https://brainly.com/question/14970347
#SPJ4
Who controls production in a communist economy?
The public con-trols production in a communist economy. The go-ods and services in a communist eco-nomy are controlled by the govern-ment. The govern-ment tends to ma-ke the decisions.
Communism is a political and eco-nomic sys-tem that seeks to create a class-less society in which the major means of pro-duction, such as mines and factories, are own-ed and control-led by the public. Communism is a mo-de of production in which the me-ans of production are not owned by any-one, but shared in com-mon, without class-based exploit-ation.
The wealth pro-duced is shared amo-ng the people, based on their ne-eds, rather than on their contri-bution to the work.
To know more about communist economy click below:
brainly.com/question/30192605
#SPJ4
What are 3 advantages of a market economy?
Market players' free competitiveness is encouraged in a market economy. The enhanced productivity, innovation, and efficiency of a market economy are notable advantages.
A market economy is an economic system where supply and demand signals on pricing impact decisions regarding production, distribution, and investment. A crucial aspect of a market economy is the presence of factor markets, which regulate how capital and other production-related factors are distributed. There are many different types of market economies, from minimally regulated free-market and laissez-faire systems, where state activity is restricted to providing public goods and services and protecting private ownership, to interventionist forms, where the government actively takes part in resolving market inefficiencies and advancing social welfare. The economy's areas of production, distribution, trading, and consumption are all vulnerable to government intervention. the provision of services for the most basic requirements.
Learn more about market economy from
brainly.com/question/11471834
#SPJ4
the process of employee socialization is designed to familiarize new employees with what aspects of the organization? (choose every correct answer.)
The process of employee socialization is designed to familiarize new employees with the following aspects of the organization: Procedures, Culture, and Policies
Employee socialization is the process by which new employees learn and adapt to the culture, values, norms, and expectations of an organization.
Procedures refer to the specific steps and actions that are taken to complete a task or achieve a goal within the organization. This could include things like how to use certain equipment, how to complete paperwork, or how to handle certain situations. Understanding these procedures is important for new employees to be able to effectively perform their duties and contribute to the organization.
Culture refers to the shared values, beliefs, customs, behaviors, and artifacts that define an organization. It includes things like the organization's mission, vision, and values, as well as the way that people interact with each other and the way that work is done. Understanding the culture of an organization is important for new employees to be able to fit in and feel like a part of the team.
Policies refer to the rules and guidelines that govern behavior within an organization. This could include things like dress code, attendance policies, and procedures for handling conflicts or complaints. Understanding these policies is important for new employees to be able to comply with the rules and expectations of the organization and avoid any potential issues.
Learn more about employee socialization here: https://brainly.com/question/25689567
#SPJ4
Gross national income (GNI), the broadest measure of economic activity for a country, is defined as the ________
The term "gross national income" (GNI) refers to the sum of the gross domestic product, net foreign receipts for employee compensation, net property income, and net taxes, fewer production subsidies.
What is Gross National Income?The term "gross national income" (GNI) refers to the sum of the gross domestic product, net foreign receipts for employee compensation, net property income, and net taxes, fewer production subsidies.
GDP measures an economy's level of production or the nation's total annual output value; It measures the size and rate of growth of an economy. Gross national income (GNI) is the sum of the country's total output and the income it generates for its citizens, whether at home or abroad.
Gross national income (GNI) is the total revenue a nation receives from its citizens and businesses, regardless of where they are located. GNP includes the income of all businesses and residents of a nation, regardless of whether it is spent abroad or returned to the nation.
To know more about Gross National Income, visit:
https://brainly.com/question/29646288
#SPJ4
On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $300 million. The bonds mature on September 30, 2041 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. ) Required: Determine the price of the bonds on September 30, 2021. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount. )
The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate is $278,743,846.
The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate. The calculation is: Price = $300,000,000 × [PVIFA 20%, 8%] = $300,000,000 × 0.7547 = $278,743,846.
The Present Value Interest Factor of Annuity (PVIFA) is used to calculate the present value of a series of payments over a certain period of time. In this case, the PVIFA is 20 years and the interest rate is 8%, which is the stated interest rate of the bond.
Therefore, the price of the bonds on September 30, 2021 is $278,743,846.
For more questions like Bond price click the link below:
https://brainly.com/question/15518377
#SPJ4
what are the steps a prospective franchisee must take in order to acquire a franchise? what properties are generally licensed by franchisors?
Determining a location, selecting a training franchise, setting up funds, and following through are steps that are must take in order to acquire a franchise. The properties that are generally licensed by franchisors is intellectual property.
In economy and business, Franchising generally can be defined as based on a marketing concept. An organization as a strategy for business expansion can adopted any franchising. There are some steps that must take in order to acquire a franchise, such as:
Choose a type of franchise.Begin the application process. Meeting about franchise.Prepare to financeReview our franchise paper.Select location for franchise.Get training and support.Here you can learn more about franchise https://brainly.com/question/29376853
#SPJ4
mintzberg characterized managers' interaction with people both inside and outside of their work units as their roles. multiple choice question. decisional informational interpersonal promotional
Mintzberg defined managers' interpersonal roles as how they deal with people both within and outside of their work units.
What did Mintzberg see about the supervisors' work behavior?According to Mintzberg, structures are frequently a byproduct of their era. He claims that when industrialized economies were heavily dependent on industrial output and manufacturing, simplistic structures and machines bureaucracies were common.
Meetings were nearly typically scheduled for the lunch hour. They were mindful to take rest periods frequently. Figurehead, leader, & liaison are all interpersonal roles in Mintzberg's opinion. Perhaps Mintzberg's work on organizational forms, which distinguished between the divisionalized form, adhocracy, machine bureaucracy, professional bureaucracy, and simple structure, is best known.
To know more about Mintzberg, visit:
https://brainly.com/question/28390055
#SPJ4
consider the two statements (a) bfs is a special case of uniform cost search, and (b) uniform cost search is a special case of a*. under what conditions are they true?
Statement (a) is true if the cost of each edge in the graph is the same and Statement (b) is true if the heuristic used in A* is always 0.
Statement (a) is true if the cost of each edge in the graph is the same. In this case, BFS is equivalent to Uniform Cost Search, since the same cost for each edge means that the cost of the path is the same as the number of edges traversed.
Statement (b) is true if the heuristic used in A* is always 0. In this case, A* is equivalent to Uniform Cost Search since the heuristic cost is the same as the actual cost of the path.
To know more about uniform cost here
https://brainly.com/question/29612685
#SPJ4
If a nation has high and persistent inflation, the most likely explanation is?
The most likely cause of high and enduring inflation in a country is a. excessive money creation by the central bank.
Inflation
Inflation is the term used to describe an economic situation in which there is a general increase in the prices of goods and services that occurs consistently. However, it can also be used to describe the ongoing increase in prices as indicated by an index, such as the consumer price index or the implicit price deflator for the gross domestic product.
It should be emphasised that the causes of this inflation can be linked to rising expenses for labour and raw materials, which could lead firms to increase prices on goods and services.
For such more questions on Inflation
https://brainly.com/question/850547
#SPJ4
you are an elementary-school principal and have a budget of $1m per annum. you can spend this on teachers, each with a total salary and benefit cost of $50,000 per year. or you can spend it on free school meals for students at a cost of $500 per student per year. to help make your budgetary choices you draw out the budget constraint. at what value will the budget constraint hit the teacher axis?
When the budget constraint has a value of 20, then it will most likely hit the teacher's axis on the graph.
A budget constraint can be usually referred to or considered as a situation wherein the organization faces a deficit in allocation of its resources while it is involved in the process of preparing its annual budget at a given point of time. The budget constraint in the above condition will be,
Budget Constraint for Teacher's Axis = Salary Spend / Cost Benefit
Budget Constraint for Teacher's Axis = 1000000 / 50000
Budget Constraint for Teacher's Axis = 20
Therefore, the budget constraint will hit the teacher's axis at a value of 20.
Learn more about budget constraint here:
https://brainly.com/question/14611599
#SPJ4
if the credit to record the payment of an account payable is not posted,
Answer:
cash will be overstated.
Does unemployment fall or rise during a recession?
Key Lessons. Economic recession and unemployment are mutually reinforcing. In a downturn, unemployment increases quickly but dissipates slowly, with costly long-term effects.
Why does the Economic recession?
Recessions, which are a contraction of the business cycle in economics, occur when there is a general decline in economic activity. Typically, recessions begin when spending declines sharply across the board (an adverse demand shock). Numerous reasons, including a decline in consumer confidence, rising interest rates, a stock market crash, and the burst of asset bubbles, can cause economic recessions. Most factors that cause the economy to lag can also cause a recession if they are not handled. The worldwide recession brought on by the 2008 financial crisis and the Great Depression of the 1930s,The most common instances of a recession and depression are, respectively.
To know more about dissipates visit:
https://brainly.com/question/12803712
#SPJ4
erroneous publishing copied all the material from angels inc.'s book. the only changes made by erroneous were to rename the title and chapters, put a different cover on it, and distribute it as its own. angels inc. files a claim against erroneous and seeks damages. will a commercial general liability policy cover the claim?
A commercial general liability policy will not cover the claim.
When publisher Erroneous released a book that was copied almost entirely from Angels Inc.'s book, they only made a few changes: renaming the title, chapters, and putting a different cover on the book.
As a result, Angels Inc. filed a claim against Erroneous, seeking damages for the copyright infringement. The question is whether a commercial general liability policy would cover the claim. In order to answer this, it is important to consider the specific policy and its language as it relates to copyright infringement.
Generally speaking, a commercial general liability policy does not cover claims for copyright infringement, but it is important to examine the policy closely in order to determine the exact coverage.
To learn more about claim, click here:
https://brainly.com/question/14551819
#SPJ4
neville was talking to his brother, stan, about mortgages. he kept referring to his new mortgage as an equity mortgage. what he was really referring to was:
Neville was referring to 15-year mortgage when he mentioned equity mortgage.
An equity mortgage is a type of loan that is secured by the equity of a borrower’s home. This type of loan allows borrowers to access the equity they have built up in their home and use it as collateral for a loan. Equity mortgages are often used for large purchases, such as home renovations, debt consolidation, or other investments.
The amount of the loan is based on the amount of equity the borrower has in their home, and the loan is typically paid back over a set period of time with interest. Equity mortgages are a great way for borrowers to access the equity they have built up in their homes without having to sell their property.
To know more about mortgage, click here.
https://brainly.com/question/15074748
#SPJ4
How are incentives used in economics?
Profitable impulses are fiscal prices handed to people to alter consumption and product patterns in an frugality. The main purpose of incentives is to impact mortal.
To produce asked results naturally. It's a type of financial provocation that the government or businesses offer. The primary use of profitable impulses is to encourage specific actions and choices. For illustration, fiscal impulses are offered to promote certain profitable conditioning, move consumers about a product or service, convert investors, and award people for negotiating particular tasks.
A abecedarian principle of incentive for the profitable analysis is that “ People respond to impulses. ” In request grounded husbandry, prices shoot signals that act as impulses to buyers and merchandisers, changing their geste that is, the quantum of a good or service they're willing to buy or to offer for trade.
To learn more about incentive, visit here
https://brainly.com/question/29792159
#SPJ4
What do all three economic systems have in common?
All economic systems—traditional, command, and market—address the issue of scarcity by focusing on what ought to be produced, how it ought to be produced, and for whom it ought to be produced.
Describe the economic system.The economic system of a nation or a region governs how societies or governments allocate and manage the easily available resources, services, and goods. Physical resources, labor, capital, and all are governed by the economic system.
The various institutions, organizations, entities, decision-making processes, and consumption patterns that make up a community's economic structure together constitute its economic system. a method that governments employ to distribute and coordinate the delivery of resources, services, and goods within a nation or region.
To know more about economic system, visit:
https://brainly.com/question/27630988
#SPJ4
an agent often assists his elderly clients by underlining pertinent information in the prospectus when making mutual fund presentations. the clients, who are mainly novice investors, appreciate this. which statement is true about this situation?
The statement that is true about this situation is that the agent violated the Uniform Securities Act by marking the prospectus.
What is Uniform Securities Act?
The model statute known as the Uniform Securities Act serves as a starting point for state-level securities regulation. Because the Securities and Exchange Commission (SEC) requires assistance with enforcement and regulation, the Uniform Securities Act was enacted to combat securities fraud at the state level.
Because not all investments are federally regulated and not all investment dealers are federally registered, the SEC is unable to protect all investors and investigate all security violations. This prompted the need for state-level laws such as the Uniform Securities Act to further protect investors. Each state has its own set of security regulations, known as "blue sky laws."
To learn more on Uniform Securities Act from the link:
brainly.com/question/29814284
#SPJ4
What are the types of inelastic demand?
An inelastic demand is one in which the change in volume demanded due to a change in price is small.
However, the demand is elastic, If the formula creates an absolute value lesser than 1. In other words, volume changes briskly than price. However, demand is inelastic, If the value is lower than 1. " Inelastic" is an profitable term pertaining to the static volume of a good or service when its price changes.
Inelastic demand means that when the price goes up, consumers' buying habits stay about the same, and when the price goes down, consumers' buying habits also remain unchanged. As a result, demand and force frequently but not always — tend to be fairly inelastic in the short run and fairly elastic in the long run.
To learn more about inelastic demand, visit here
https://brainly.com/question/28192591
#SPJ4
What is a high tax placed on foreign goods called it helps to protect the home industry?
Tariffs are tariffs that consumers of imported goods pay, which drives up the cost of goods from other nations. Tariffs frequently serve as effective protectionist barriers, raising the cost of imports that compete with domestic produced goods.
What is a tariffs ?
It is accurate to say that countries impose export taxes when they feel the price of an export is too low. When a nation intends to restrict the selling of domestically manufactured goods abroad, export tariffs are applied. A levy imposed on a good imported from another country serves as an illustration of a tariff. For instance, a 3% tariff on corn would mean that any local importer of grain from a foreign country would have to pay an additional 3% tax on top of the price of corn.
To know more about domestic visit:
https://brainly.com/question/13795785
#SPJ4
qs 20-23 budgeted loan activity lo p2 santos co. is preparing a cash budget for february. the company has $12,000 cash at the beginning of february and anticipates $73,000 in cash receipts and $111,000 in cash payments during february. what amount, if any, must the company borrow during february to maintain a $6,000 cash balance? the company has no loans outstanding on february 1. (negative cash balances, if any, should be indicated with minus sign.)
Ending cash balance = Preliminary cash balance +Cash to be borrowed
4000 = -11000 + Cash to be Borrowed
Cash to be Borrowed= 4,000 + 11,000
= 15,000
Is loan interest factored into the cash budget?
The cash budget results are used in the financing budget, which includes investments, debt, interest income, and interest expense.
To calculate the number of sales you will collect in the current quarter, multiply the percentage of sales you collected in the quarter in which you made the sales by the forecasted sales for the current quarter.
Therefore, 15,000 is the cash that is borrowed.
Learn more about budgeted loan activity from the given link.
https://brainly.com/question/13794475
#SPJ4
What actually happens when the Fed raises interest rates?
The cost of borrowing money rises when the Fed raises interest rates. It entails higher rates for credit cards, auto loans, and any other financing-dependent sector of the economy. Consumers find that to be painful, especially those who depend more heavily on credit cards or loans.
The amount of interest that is computed as a percentage of the amount lent, deposited, or borrowed and is due each period is known as the interest rate. The final amount of interest charged on a money lent or borrowed depends on a number of variables, including the principal, interest rate, frequency of compounding, and term of the loan, deposit, or borrowing. The interest rate that is determined over a year is the annual interest rate. According to one definition, the interest rate "measures the preference for a dollar of present income over a dollar of future revenue." The borrower has the ability to repay the debt.
Learn more about interest rate from
brainly.com/question/25793394
#SPJ4
What do you mean by posses?
Possess is a term used to describe a group of people who have come together for a specific purpose.
What do you mean by posses?
Posses is a term used to refer to a group of people, usually assembled for a specific purpose. It can refer to a group of law enforcement officers or citizens gathered together to search for a criminal, or a group of people who have come together for a common cause or activity. For example, a posse of outlaws might gather together to rob a stagecoach, or a posse of citizens might band together to search for a missing child.
What does Posses mean in buisness?
Possess is a term used to describe a group of people who have come together for a specific purpose. But posses in business typically refers to a group of people who are jointly responsible for the management of a particular business or project. This can include shareholders, directors, and executive officers. Posses can also refer to a collection of people who are jointly responsible for a particular task or goal.
To know more about Shareholder,
https://brainly.com/question/28452798
#SPJ4
Information is based on actual costs incurred in transactions.
O Net income
O Cost Principle
O Tax Accounting
O Matching Principle
The transaction cost concept is the foundation on which information is built. The right response in this case is option B.
According to the cost principle, purchases must be reported at the actual price paid. In the same manner, when a customer purchases goods, the amount paid is recorded. The cost principle, in essence, states that each transaction's cost is equal.
In the context of market trade, transaction costs are the expenses incurred. These expenses include the pricing research expenditures as well as the costs associated with creating and enforcing contracts.
Transaction costs are produced by all market-related activity. They stand in for the trade costs necessary to facilitate the interchange of goods and services in a market. Labor, broker fees, transportation, bank fees, commissions, and other expenses are a few examples of typical transaction costs.
To learn more about transaction cost
https://brainly.com/question/13164233
#SPJ4
what is more appropriate when evaluating investment performance - arithmetic average return or geometric average return? why?
Geometric average return is generally considered more appropriate when evaluating investment performance.
What is compounding?Compounding refers to the process of earning interest on interest. When an investment compounds, the interest that is earned is added to the principal, and the next period's interest is calculated on the new, higher principal amount. This process can lead to exponential growth over time, as the interest earned in each period becomes a larger portion of the total investment.
Geometric average return is hence more appropriate when evaluating investment performance because it accounts for compounding and gives a more accurate representation of the true rate of return over a period of time. Arithmetic average return, on the other hand, does not account for compounding and can be misleading when applied to investments that have a high degree of volatility.
To know more about degree of volatility, visit:
https://brainly.com/question/29394588
#SPJ4
health care providers learn that medicare will begin requiring higher performance on certain measures of patient safety.
If Medicare begins to require higher performance on certain measures of patient safety, health care providers will need to make changes to their practises in order to meet these new standards. This may involve implementing new protocols, increasing staff training, or investing in new technology.
Additionally, providers may need to closely monitor their performance on these measures in order to ensure they are meeting the new requirements and making any necessary adjustments. The goal is to prevent adverse events and improve patient outcomes.
Health care providers who participate in the Medicare programme are held to certain standards of care in order to ensure the safety and well-being of their patients. These standards are often measured through various quality and patient safety metrics, such as rates of hospital-acquired infections or readmissions.
If Medicare announces that they will begin requiring higher performance on certain measures of patient safety, it means that providers will have to improve their performance on these metrics in order to continue participating in the Medicare program. This could have a significant impact on the way providers deliver care and may require changes to existing protocols and practices.
For example, a provider may need to implement new infection control protocols in order to reduce the rate of hospital-acquired infections. This could involve changes to how equipment is sterilized, how frequently staff wash their hands, or how patients are screened for certain conditions.
Another example is reducing readmissions. A provider may need to invest in new technologies or hire additional staff in order to better manage patients' transition from the hospital to home. Additionally, they may need to improve patient education and communication in order to ensure that patients understand how to manage their care after leaving the hospital.
Overall, these changes can be difficult and costly to implement, but they are essential for ensuring that patients receive high-quality, safe care.
Learn more about Medicare:
https://brainly.com/question/28318909
#SPJ4
calculate the projected debt ratio, debt-to-equity ratio, liabilities-to-assets ratio, times-interest-earned ratio, and ebitda coverage ratios. how does computron compare with the industry with respect to financial leverage? what can you conclude from these ratios?
You've already computed the ratios. Please include the times-interest-earned ratio (TIE) in your calculation.
What if your debt-to-equity ratio is higher than the industry standard?
In general, a high debt-to-equity ratio indicates that your company is in financial trouble and unable to pay its creditors. However, if it is too low, it indicates that your company is overly reliant on equity to finance its operations, which can be costly and inefficient.
Computron's 2020E price/earnings and market/book ratios are lower than the industry average. As a result, the company appears to be less expensive than the industry as a whole.
Therefore, As a result, investors are expected to have a negative opinion of the company.
Learn more about the liabilities-to-assets ratio from the given link.
https://brainly.com/question/28214599
#SPJ4
which of the following cannot be disclosed verbally to a customer by an agent of a broker-dealer? a information found in a prospectus for a new issue offering b material non-public information about a company's product plans c financial information found in the company's latest 10k filing d recommendations of securities included in the broker-dealer's monthly market letter
Option b: Material non-public information about a company's product plans cannot be disclosed verbally to a customer by an agent of a broker-dealer.
Material non-public information regarding a company's product plans cannot be verbally communicated to clients by broker representatives.
Nonpublic information generally refers to personal information about an individual that has not been made public and should not be made public.
This includes social security numbers, banking information, other personally identifiable financial information, and certain transactions with financial institutions.
Material non-public information may be disclosed at the Company's discretion as required by law.
When companies disclose material public information on a large scale, it becomes widely disseminated and available to all individuals, creating a level playing field for investors.
To learn more about non-public information, here:
https://brainly.com/question/29540723
#SPJ4
vida, age 30, has an high-deductible health plan (hdhp) at her work. she is single, and contributes $2,500 each year to her hsa plan. she rarely uses the funds so has built up a balance. vida is now looking at buying a house; if she took $10,000 from the hsa for a down payment, what would the tax outcome be? if she withdraws $10,000, vida would have to count that as taxable income and pay a 10% penalty ($1,000) for an early withdrawal. she can withdraw contributions without any tax impact. after all, it is her money so she can use it if she needs to. if she withdraws $10,000, vida would have to count that as taxable income and pay a 20% penalty ($2,000) for a nonqualified distribution. if she withdraws $10,000, vida would have to pay a 20% penalty ($2,000) for a nonqualified distribution. there is no other tax impact.
If she withdraws $10,000, vida would have to pay a 20% penalty ($2,000) for a nonqualified distribution. There is no other tax impact.
When withdrawing money from an HSA, it's important to note that only withdrawals for qualified medical expenses are considered tax-free. If the withdrawal does not qualify as a medical expense, then it is considered a nonqualified distribution, and the individual will be subject to a 20% penalty plus any applicable taxes. In Vida's case, if she withdraws $10,000 from her HSA for a down payment on a house, the money will be considered a nonqualified distribution, and she will be subject to a 20% penalty ($2,000) plus any applicable taxes. There is no other tax impact.
To know more about tax here
https://brainly.com/question/29517644
#SPJ4
is focused on evaluating a company’s performance not only by its ability to generate economic profits, but also by its impact on people and on the planet.
ESG (Environmental, Social, and Governance) investing is an investment strategy that considers a company's impact on the environment, society, and governance in addition to its financial performance.
It aims to evaluate a company's performance holistically, taking into account not only its ability to generate economic profits but also its impact on people and the planet.
ESG investing is a form of responsible investing that incorporates environmental, social, and governance considerations into the investment process. This can include factors such as a company's carbon emissions, labour practices, and corporate governance structure.
Environmental factors include a company's impact on the environment, such as its carbon footprint and resource use. Social factors include how a company treats its employees, customers, and communities. Governance factors include a company's leadership, board structure, and transparency.
By considering these factors, ESG investors aim to identify companies that are well-managed and have a positive impact on society and the environment. These companies may be less likely to experience crises or negative events, and they may offer better long-term performance potential. ESG investors may also seek to use their investments to promote positive social and environmental change.
Additionally, ESG investing can help to minimize the risk of investing in companies that may face regulatory or reputational risks due to negative ESG performance.
Learn more about ESG:
https://brainly.com/question/25428159
#SPJ4
performance management is a formal system of review and evaluation of individual or team task performance. group of answer choices true false
The statement above is true. It is because performance management is a system to evaluate individual and team performance through the company.
In business, Performance management generally can be defined as the process of ensuring that a set of outputs and also activities meets an organization's goals in an effective and efficient manner. The performance of a whole organization the processes in place to manage particular tasks, a department, an employee, is being a focus of performance management. There are some activities in the performance management, such as Performance Management Process, Planning Phase Overview, and also Write S.M.A.R.T. Goals.
Here you can learn more about performance management https://brainly.com/question/29833837
#SPJ4