Business Finance - Management Homework
KHayesHomework
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files (2)WK7PMdiscussion.docx
WK7DiscussionFM.docx
WK7PMdiscussion.docx
Performance Management
Use The Wall Street Journal or another reputable business source to find an article related to performance management or employee evaluation. Provide a link to the article and discuss it, using the prompts below:
· Explain the approach to performance management or employee evaluation described in the article.
· As a manager, what aspects of this approach would you use to enhance the performance of employees? Why?
· What would you do differently, and why?
WK7DiscussionFM.docx
Costing Systems and Analysis
Option 1
Discuss the usage and creation of standard costs by your operation. How are these costs developed? How can they be used in the creation of a forecast? How can these be used in an individual or organizational measurement system?
- OR -
Option 2
Discuss a current business activity that you or your department does that could be improved by leveraging Variance Analysis. Discuss the perspective you could gain, and what a "favorable price" and a "favorable quantity" variance mean in this application.
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