Jul 11, 2017 Others

Explain the difference between absolute and comparative systems. What are the advantages and disadvantages to each type of system?

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Business and Marketing Questions #3

INSTRUCTIONS:

Please answer the following.  

Textbook: Aguinis H. (2013) Performance Management, 3/E, Prentice Hall. ISBN: 9780132556385 

Explain the difference between absolute and comparative systems. What are the advantages and disadvantages to each type of system?

List the four characteristics necessary of a useful standard, and give an example of each characteristic using the following standard as an example: Increase sales from $15,000 to $22,000 by December 1st at a cost not to exceed $3,000.

What issues should be considered in an attempt to minimize communication barriers and biases?

Is the developmental plan dictated by the needs of the employee or of the organization? Explain.

You are a supervisor at a manufacturing company and you are coaching one of the veteran employees of the company. Describe the behaviors required to perform this function.

Explain factors affecting why people are sometimes uncomfortable giving negative feedback.

 

Describe steps that organizations can take to ensure that actions intended as rewards are actually perceived as rewards.

CONTENT:

Business and Marketing Student’s name Institution affiliation Question 1 While absolute advantage refers to the capability of a country to produce a larger quality of particular goods when supplied with the same resources of goods as other companies, comparative advantage refers to the production of higher quality goods at a lower particular cost as compared to other companies. One advantage that comparative systems have over absolute systems is that there is the establishme

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