Answer:
The investment turnover on one of Kragle Corporation's division operation for the year is 1.90
Explanation:
Investment Turnover ratio is calculated by dividing Net sales with the average invested asset. This ratio tells that how much efficiency a company use its resources in revenue generation.
Investment Turnover = Net sales / Average investment assets
Investment Turnover = $930,000 / $470,000
Investment Turnover = 1.90
The investment turnover on one of Kragle Corporation's division operation for the year is 1.90
15. Customers of a popular shoe store chain can purchase items in-store and on-line or via their mobile app. The customer also receives texts and emails about
current promotions and sales. This is an example of:
O A.Plexichannel retailing
O B. Multi-channel retailing
O C. Alternate channel retailing
OD. Omnichannel retailing
The example of enabling customers to purchase shoes in-store, online, or through mobile apps is called B. Multi-channel retailing.
Multi-channel retailing uses multiple platforms and channels to sell products to customers.Some of the platforms may be online and offline. The channels may be brick and mortar, online, mobile, or through mobile app stores.The integration of all the channels by a retailer is known as Omni-channel retailing. Alternate channel retailing suggests the use of another channel other than the known or usual channel.Thus, only multi-channel retailing provides the ability for customers to use any desired platform or channel.
Read more about multi-channel retailing at https://brainly.com/question/14497621
Cash paid to creditors ra 9000 after deducting 10% discount journal entry
Which of the following statements is correct?
a. The net present value method (NPV) is generally regarded by academics as being the best single method for evaluating capital budgeting projects.b. The discounted payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects.c. The internal rate of return method (IRR) is generally regarded by academics as being the best single method for evaluating capital budgeting projects.d. The payback method is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
Answer:
ncleae i dunno
Explanation:
its unclear
The net present value method (NPV) is generally regarded by academics as being the best single method for evaluating capital budgeting projects. Option (a) is correct.
What do you mean by Budgeting?The method of determining how much money you will need to earn or save over a specific time period and planning how you will spend it: Teaching youngsters about budgeting is crucial.
Because of its versatility, NPV is regarded as the finest single tool for assessing capital budgeting initiatives. In contrast to the IRR, which only takes into account one discount rate, it may be calculated even with variable discount rates for each period. The amount of time periods over which the project can recoup its initial expenditure is determined by the payback method. The discounted payback approach establishes how long it will take a project to recover its initial expenditure. To get the present value, the cash flows are discounted using the discount rate. The internal rate of return is a technique for calculating the percentage value by discounting the anticipated cash flows.
Therefore, Option (a) is correct. NPV is generally regarded by academics as being the best single method for evaluating capital budgeting projects.
Learn more about Budgeting, here;
https://brainly.com/question/15683430
#SPJ2
Suppose for the year 2015, Speedy Chef, a fast food restaurant, had a Gross Profit of $1,281,648. Speedy Chef had the following expenses:
Cost of Goods Sold $1,251,167
Selling Expense $70,578
Rent Expense $156,941
Utilities Expense $73,994
Insurance Expense $35,148
Wages $505,245
General & Administrative $24,358
Miscellaneous $32,968
Interest Expense $4,059
Income Tax Expense $60,596
What would Speedy Chef's Income Before Taxes be for 2015?
The Speedy Chef's Income Before Taxes for 2015 is -$873,406.
The following are the operating expenses for Speedy Chef for the year 2015:Cost of Goods Sold $1,251,167Selling Expense $70,578Rent Expense $156,941 Utilities Expense $73,994Insurance Expense $35,148Wages $505,245General & Administrative $24,358Miscellaneous $32,968Interest Expense $4,059Income Tax Expense $60,596.
The formula to determine the Income Before Taxes (IBT) of Speedy Chef for 2015 is given below:Income Before Taxes (IBT) = Gross Profit - Total Operating ExpensesTotal Operating Expenses = Cost of Goods Sold + Selling Expense + Rent Expense + Utilities Expense + Insurance Expense + Wages + General & Administrative + Miscellaneous + Interest Expense + Income Tax Expense.Substitute the given values,Income Before Taxes (IBT) = Gross Profit - Total Operating Expenses = $1,281,648 - $2,155,054 = -$873,406.
For more such questions Taxes,Click on
https://brainly.com/question/28798067
#SPJ8
Which of the following job titles would be categorized as careers in arts, A/V technology, and
communication? Select all that apply.
a)3-D animator
b) photographer
c) substance abuse counselor
d) marketing researcher
e) bus driver
Answer:
I believe 3D animator and photographer should fall into arts and A/V technology, maybe marketing researcher could fall into researcher but im not 100% sure
Explanation:
In its ads, Clorox touts the effectiveness of its Disinfecting Wipes by claiming that they disinfect better than those made by Windex, a competing brand. This is: 1. reminder advertising. 2. comparative advertising. 3. primary advertising. 4. selective advertising. 5. institutional advertising.
Answer: I would say 2. Comparative advertising
Explanation: In terms of comparing Clorox is saying, “yeah we disinfect better than windex over there.”
Common problems being faced by internet users with having an online business
Answer:
businesses are facing issues for a number of reasons. one of which is that websites may crash with a large amount of users on a website at any given period.
Explanation:
Tony Hsieh is a big thinker and Zappos is clearly his baby. But he's also into philanthropy and community development activities that are taking up more of his time. And, perhaps he'll come up with other new business ideas as well. As a leadership coach, what steps would you recommend that he take now to ensure that his leadership approach and vision lives on at Zappos long after his departure? What can a strong and secure leader like him do to ensure a positive leadership legacy in any situation?
To ensure a positive leadership legacy, Tony Hsieh can focus on mentorship, succession planning, and fostering a strong company culture at Zappos.
What is positive leadership legacy?Character, decisions, behavior, consistency, confidence, and compassion are the six pillars of your leadership legacy that may decide how you establish, create, grow, and are remembered. From inside, take the initiative.
Leaving a leadership legacy does not imply leaving something for future generations. It's leaving an impression on folks.
Legacy is determined not just by your accomplishments and vision, but also by how you conduct yourself as a leader and the decisions you make on a daily basis. "If you decide to do the right thing when no one is looking, you build a track record, and people trust you," Bates explained.
Learn more about leadership at:
https://brainly.com/question/1232764
#SPJ1
A new building is to be constructed for a company and a fast connection between client and server systems within the building should be achieved. As well as the fastest possible connection between the new building and the old building. The new building is also not allowing wireless devices within it for security purposes. What networking components should one consider to achieve what the company wants if a medium sized budgetary constraint was put in place for the new building?
Options:
Category 6 cable runs for each network device with fiber optic feeds in/out of the buildings.Numerous 802.11b wireless access points along with category 5 cable runs between hubs and buildings. Fiber Optic connections to all network device s, e.g. clients and servers. Coaxial cable to all devices on the network with a fiber-optic feed in/out of the office.Answer:
Category 6 cable runs for each network device with fiber optic feeds in/out of the buildings.
Explanation:
Remember, we are told to consider the fact that the company has a medium-sized budgetary constraint, meaning we should pick an alternative networking component option that is cost-effective and yet serves the same purpose.
Since part of the requirements is that the networking components is a fast connection between client and server systems, a Category 6 (Cat6) cable has the ability to achieve speeds of up to 10 Gbps (Gigabyte per second). Meaning? it can meet the fast connection requirements at a reduced cost.
who has to prepare the ethics code for an organization?
Who should be on the ethics committee?
The responsibility of preparing the ethics code for an organization lies with the leadership team of the organization.
This includes the board of directors, senior executives, and managers who are responsible for setting the organization's policies and ensuring that they are being followed by all employees.
However, the ethics committee should be composed of a diverse group of individuals from different levels and departments within the organization. This ensures that the committee can offer a wide range of perspectives and ideas. Some of the individuals who should be on the ethics committee include HR representatives, legal advisors, senior managers, and representatives from different employee groups.
The ethics committee should also be responsible for reviewing and updating the ethics code regularly to ensure that it is relevant and effective. They should be responsible for educating employees about the code and ensuring that it is being followed. In addition, the ethics committee should be the go-to resource for employees who have questions or concerns about ethical issues in the workplace.
Overall, it is important for organizations to take their ethical responsibilities seriously and to have a strong ethics code and committee in place to ensure that they are upholding the highest ethical standards in all aspects of their operations.
For more such questions on organization
https://brainly.com/question/25922351
#SPJ11
Transacion Transaction Amount
number (Year 2017)
1 Interest paid by a Country B’s corporation on a
bond owned by a Country A’s bank $1’000
2 Interest paid by Country A’s government on a treasury
bills owned by Country C’s government $2’000
3 Country A imports of coffee from Country B $3’000
4 Country A’s citizen donation to a Non-Governmental-
Organization located in Country A $4’000
5 Country A’s sale of Country C’s government bonds $5’000
6 Country B’s export of raw materials to Country C $6’000
Which transactions belong to Country A's current accounts?
a. 3,4, and 5.
b. 3 and 5.
c. 1,2, 3, 4, 5.
d. 1,2,3.
Answer:
d. 1,2,3
Explanation:
Current assets or liability is any transaction which provides benefit or is an obligation for one year. There are transaction related to interest expense and interest receivable in Country A. These transactions are assumed to provide benefit for one year. The import is also considered and incorporated in current account because it will provide monetary value for less than a year.
I. A clinic encourages its customers to have their bond checked with the claim that one out
of four 60-year-old men need to be supplemented with glucosamine. If this is true, what is
the probability of the following events:
a. Two out of the next eight 60 year-old men need to be supplemented with glucosamine
b. Three out of the next 12 60 year-old men need to be supplemented with glucosamine
A clinic encourages its customers to have their bond checked with the claim that one out of four 60-year-old men need to be supplemented with glucosamine. If this is true, then the probability of the following events is Two out of the next eight 60 year old men need to be supplemented with glucosamine.
Glucosamine is a naturally occurring compound in the body. It is required for the formation and repair of cartilage as well as other body tissues.
Because glucosamine production slows in age, some people take glucosamine supplements to help them fight aging-related health issues like osteoarthritis. The majority of supplements are made from the shells of marine life, such as prawns and crabs.
Learn more about Glucosamine, here:
https://brainly.com/question/32219634
#SPJ1
All of the following are competitive forces in Porter's model except: Group of answer choices customers disruptive technologies disruptive technologies suppliers substitute products
The option that is not among the Porter's five forces is disruptive technologies.
What are the Porter's five forces?The Porter's five forces is used to analyse the competitive forces of firms operating in a particular industry.
The Porter's five forces are:
Competition in the industry.Potential of new entrants into the industry.Power of suppliers.Power of customers.Threat of substitute productsTo learn more about the porter's five forces, please check: https://brainly.com/question/5183977
Karson is a manager in a bottle manufacturing company. He wants to check whether 100 bottles were produced and dispatched to the market. Which department should
he consult?
Answer:
Answer is Operations Department.
Explanation:
Create and Query an Inventory
Problem: A local company would like to be able to search their shipping supplies inventory in an easy
manner. They have given you sample data shown in Table 6-7.
Table 6-7 Inventory Data
Inventory
Number
Module 6: In the Lab
CX1D1
ED7XL
T562W
VP45L
DC 30W
LX550
SR123
Description
mailing labels
bubble wrap
packing tubes
corrugated boxes
packing tape
poly mailers
packing peanuts
Unit
carton
roll
single
bundle
case
carton
bag
Quantity in
Stock
25
4
14
17
11
9
5
List Price
$12.86
$27.59
$ 1.75
$26.80
$65.00
$ 8.99
$21.00
Perform the following tasks:
Part 1: Create the criteria range, the table, and the extract range with formatted headings and data.
Save the workbook. Perform the following extractions.
a) all inventory items with more than 10 in stock
b) all inventory items in cartons
c) all inventory items under $25
d) all inventory items with 10 or less in stock and a list price of less than $10
Part 2: Do you think small companies without extensive database experience might use tables such as
this every day? What would be some advantages and disadvantages? What calculated fields might you
add to this table?
Answer:
Part 1:
To create the criteria range, table, and extract range with formatted headings and data, follow these steps:
Open a new Excel workbook and create a new sheet.
In cells A1 to G1, enter the following headings: Inventory Number, Description, Unit, Quantity in Stock, List Price, Criteria 1, Criteria 2.
In cells A2 to G8, enter the data from Table 6-7.
Select cells A1 to G8 and click on the "Insert" tab.
Click on "Table" in the "Tables" group and select "Table" from the dropdown menu.
In the "Create Table" dialog box, make sure that "My table has headers" is selected and click "OK".
The table will be created with formatted headings and data.
To create the criteria range, enter the following criteria in cells F2 and F3 respectively: ">10" and "carton".
In cells H2 to H5, enter the following formulas:
=IF(AND(D2>10),A2,"")
=IF(AND(C2="carton"),A2,"")
=IF(AND(E2<25),A2,"")
=IF(AND(D2<=10,E2<10),A2,"")
Drag the formulas down to cells H3 to H8.
The extract range with the required data will be displayed in column H.
Part 2:
Yes, small companies without extensive database experience might use tables such as this every day. The advantages of using tables include easy data entry and management, quick access to information, and the ability to easily filter and sort data. The disadvantages could include limited functionality and scalability compared to more sophisticated database systems.
Some calculated fields that could be added to this table include:
Total Inventory Value: calculated by multiplying the Quantity in Stock and List Price fields
Inventory Turnover: calculated by dividing the Quantity in Stock by the average monthly sales volume
Reorder Point: calculated by multiplying the average monthly sales volume by the lead time for ordering new inventory.
I think that will be heplful for you
Explanation:
Follow these steps to create table, criteria range and extract range with formatted heading and data:
Open a new Excel Workbook and create a new sheet.
In cells A1 to G1, enter the following headings, Inventory Number, Description Unit, Quantity in stock, list price, Criteria 1, Criteria 2.
In cells A2 to G8, enter the data from Table 6-7
Select cells A1 to G8 and click on the "insert" tab.
Click on "Table" in the "Tables" group and select "Table" from the dropdown menu.
In the create Table dialogue box, make sure that "My Table has headers" is selected and click "OK".
The table will be created with formatted headings and data.
To create the criteria range enter the following criteria in cells F2 and F3
In cells H2 to H5, enter the following formulas:
=IF(AND(D2>10), A2,")
=IF(AND(C2="carton"),A2,"")
=IF(AND(E2<25),A2,"")
=IF(AND(D2<=10,E2<10),A2,"")
Drag the formulas down to cells H2 toH8.
The extract range with the required data will be displayed in column H.
What is total inventory?sure, small businesses without a lot of database experience might utilize these tables frequently. Tables have the advantage of simple data entry and maintenance, quick information access, and simple data filtering and sorting. Limited funtionality and scalability in comparison to more advanced database systems could be the drawback.
Learn more about Total inventory here:
https://brainly.com/question/14761185
#SPJ9
A firm sells 1000 units per week. It charges $15 per unit, the average variable costs are $10, and the average costs are $25. In the short-run, the firm should:
a. Shut-down as the firm is making a loss of $10,000 per week
b. Shut-down as price is lower than average cost
c. Continue operating as the firm is covering all the variable costs and some of the fixed costs
d. Shut-down because it is cost effective to pay off the remaining fixed costs
In the short run, the firm should continue operating as the firm is covering all the variable costs and some of the fixed costs.
According to the concept of the short run, certain input would be fixed while others will be variable within a particular period of time in the future. It conveys the idea that an industry responds to sensory stimulation significantly based on the amount of time it has to perform so. The term "short run" does not refer to a precise amount of time but rather to the business, sector, or macroeconomic component undergoing investigation.
In the short run, enterprises encounter both variable and fixed costs, which implies that output, salaries, and pricing do not have complete freedom to find a new equilibrium. This is a basic assumption guiding the concept of the short run and long - run.
Learn more about short run here:
https://brainly.com/question/17100185
#SPJ4
Which of the following decreases when credited?
Revenue
Inventory
Wages payable
Loans payable
If NASA were developing a new type of spacecraft and an individual requested the plans through the Freedom of information Act, on what grounds could the request be denied?
Answer:
Documents and records exempted from public disclosure via a valid Executive Order that promotes national security or good foreign policy
Explanation:
They can be denied on the grounds of the exemptions protect against the disclosure of information that would harm.
What are FOIA exemptions?The exclusions guard against the publication of information that might endanger vital acknowledged interests such national security, individual privacy, company property interests, government operation, and others.
Even if a record contains some information that is exempt, the full record may not be exempt. Instead, the FOIA clearly states that when exempt elements are removed, all reasonably separable portions of a record must be given to a requester.
Therefore, these are the grounds on whose basis FOIA can deny the request.
Learn more about Freedom of information Act (FOIA), here:
https://brainly.com/question/510696
#SPJ2
A marketing plan includes this marketing objective: "Create positive feelings
about our brand." What is the main problem with this objective?
A. It doesn't name the target market.
B. It does not meet legal requirements.
C. It is not specific and measurable.
D. It is not something the marketer can achieve.
Prompt: In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
PLEASE ANSWER ASAP. I am writing my essay about Rihanna. If anyone could help me, I would appreciate it. Due in 1 week.
A free enterprise system was necessary because it allows people to do what they do best while trading for the rest, of free enterprise, works. Competition is a driving force behind the free enterprise, resulting in increased efficiency and lower consumer prices.
What is the advantage of free enterprises?The benefits of the US Free Enterprise System to producers and consumers include the freedom to own private property, producers producing at their own profit, consumers and producers having control over themselves, increased efficiency, and adequate use of available resources.
A free enterprise system allows individuals to make their own economic decisions without being constrained by the government. It enables consumer supply and demand to determine the success or failure of an economic venture.
Learn more about free enterprises here:
https://brainly.com/question/628147
#SPJ1
What is a recent trend relating to sustainability worldwide?
Answer:
reduction of energy consumption
Explanation:
What is the new annual dollar limit per taxpayer for the Energy Efficient Home Improvement Credit for Tax Year 2023?
Annual Limits $300 for any single energy property item. $150 for any qualified natural gas, propane, or oil furnace and hot water boiler. $50 for any advanced main air circulating fans. $1,200 for the entire credit for most taxpayers.
Who is a taxpayer?A taxpayer is an individual or entity that is required to pay taxes. In the United States, individuals and businesses may be taxpayers. Taxpayers are typically required to pay taxes to the government on income, sales, and property. The amount of tax that a taxpayer is required to pay is generally based on their income or the value of their property.
Therefore, the correct answer is as given above
learn more about taxpayer: https://brainly.com/question/28544050
#SPJ1
When a good or service is purchased using credit, the purchase is
documented using a
A. purchase order
OB. sales invoice
OC. contractual agreement
OD. specification document
When a good or service is purchased using credit, the purchase is documented using a sales invoice. A sales invoice is a document that details the transaction between the buyer and seller, including the description of goods or services, the price, any applicable taxes, and the terms of payment. It serves as a proof of purchase and provides important information for accounting and record-keeping purposes. While a purchase order, contractual agreement, and specification document may also be involved in the purchasing process, a sales invoice specifically documents the credit purchase transaction.
~~~Harsha~~~
the 3 hour per week that 100 million volunteers donate every year in the US is equal to how many full time worker
a. 1 million
b. 7.5 million
c. 100 million
d. 750 million
The equivalent number of full-time workers based on the 3 hours per week volunteered by 100 million volunteers in the US is approximately 144,230 full-time workers. Option C is the correct answer.
To calculate the equivalent number of full-time workers based on the 3 hours per week that 100 million volunteers donate every year in the US, we need to determine the total number of hours volunteered and divide it by the number of hours worked by a full-time worker in a year.
Let's assume a full-time worker works an average of 40 hours per week, and there are 52 weeks in a year.
Total hours volunteered per year:
3 hours per week * 100 million volunteers = 300 million hours
Total hours worked by a full-time worker per year:
40 hours per week * 52 weeks = 2,080 hours
Equivalent number of full-time workers:
300 million hours / 2,080 hours = approximately 144,230 full-time workers
Option C is the correct answer.
For such more question on equivalent:
https://brainly.com/question/29754038
#SPJ8
Who was the first missionary to arrive in Africa?
Answer:
David Livingstone in 1840.
Hope this helps ; ) Enjoy your day!
Continuing the analysis of Ginnie's Gym Refreshment Bar:
Hydration Power Drink
Satisfying Smoothie
Bundle Price
Net Profit
Early
7.00
5.00
Late
6.00
10.00
Calculate the bundle prices and net profits. (10pt)
Determine which bundle price will maximize net profit. Show the steps to support the conclusion. (5pt)
Determine the net profit from a tying strategy. Show the steps to support the conclusion. (5pts)
The bundle prices for Hydration Power Drink and Satisfying Smoothie are given below.
The contribution margin (CM), also known as the dollar contribution per unit, is the difference between the selling price and the variable cost per unit.
Because 100% is the best contribution margin, the closer the contribution margin is to 100%, the better. The greater the figure, the better a company's ability to meet its overhead expenditures with cash on hand.
The contribution margin =
Unit Margin (Profit) = Unit Revenue - Unit Variable Cost (Marginal Cost)
What is the bundle prices and Net Profit?For Hydration Power Drink:
High 7 -1 = 6
Low: 6 - 1 = 5
Total = 11
For Satisfying Smoothie:
High: 10 -4 = 6
Low: 5-4 = 1
Total = 7
High Bundle Price for both products:
6 + 6 = 12
Low Bundle price for both products:
5 + 1 = 6
From the above information, it is clear that the Bundle Price that will maximize profit is the High Bundle Price.
The product that will yield the most profit is: The Hydration Power Drink.
Learn more about bundle price:
https://brainly.com/question/23175408
#SPJ1
You are given the following particulars of a business having three departments: 963
Department
Purchases
Opening Stock
A
200 units
B
300 units
ISO units
71
1500 units
1000 units
2000 units
Additional Information:
1. Purchases were made at total cost of Rs.92,000.
2. The % of gross profit on turnover is the same in each case.
3. Purchases & Sales prices are constant for the last 2 years.
4. Selling price per unit:
A
Department
B
C
You are required to prepare Departmental Trading Account.
Closing Stock
100 units
160 units
200 units
Rs.
20
25
30
virus such as norovirus and hepatitis A are directly related to contamination from..
Hepatitis and the norovirus one contracts a virus through the faecal-oral route when they consume contaminated food or water, come into contact with an infected person, or touch contaminated objects.
What do you mean by Hepatitis?Hepatitis refers to liver inflammation. The liver is a crucial organ that filters blood, processes nutrients, and fights infections. The function of the liver can be impacted by inflammation or injury. Hepatitis can be brought on by chemicals, drugs, some medical disorders, and heavy alcohol consumption.
An inflammation of the liver is known as hepatitis. This syndrome can be brought on by drinking alcohol, a number of medical disorders, and several drugs. However, the most typical cause of hepatitis is viral infections.
Learn more about Hepatitis here
https://brainly.com/question/1389918
#SPJ1
Suppose a firm manager has a base salary of $175,000 and earns 0.5 percent of all profits. Determine the manager's income if revenues are $10,000,000 and profits are $5,000,000. A) $150,000 B) $200,000 C) $225,000 D) $300,000
The manager's income is $200,000.
The option (B) is correct.
The expression "income" for the most part alludes to how much cash, property, and different exchanges of significant worth got over a set timeframe in return for administrations or items. There is no single, standard definition: pay is characterized by the setting in which the idea is utilized.
Income includes monetary as well as non-financial upsides of recompenses and perquisites. All pay is available under personal expense except if explicitly excluded.
Given;
Fixed salary = $175,000
Earns 0.5% of all profits
Profit = $5,000,000
Manager income = Fixed salary + 0.005 * Profit
Manager's income = $175,000 + 0.005 * $5,000,000
=> Manager's income = $175,000 + $25000
=> Manager' income = $200,000
Thus, the manager's income is $200,000.
Learn more about income:
https://brainly.com/question/15863006
#SPJ1
What is the Importance of Public Personnel Management?
Public personnel management is crucial for the effective functioning of public sector organizations. It encompasses the policies, practices, and processes involved in managing the human resources of government agencies at various levels.
The importance of public personnel management can be understood from several perspectives:
1. Efficient Service Delivery: Public personnel management ensures that government agencies have competent and motivated employees who can efficiently deliver public services. By recruiting, selecting, and retaining the right people for the job, personnel management contributes to enhancing the quality and responsiveness of public services.
2. Merit-Based System: Public personnel management promotes a merit-based system where individuals are hired and promoted based on their qualifications, skills, and performance rather than favoritism or nepotism. This helps to build a professional and competent workforce and fosters public trust and confidence in government institutions.
3. Employee Development: Personnel management plays a crucial role in providing training and development opportunities to public sector employees. Continuous learning and skill enhancement programs enable employees to adapt to changing work requirements, improve their performance, and contribute effectively to organizational goals.
4. Fairness and Equity: Effective personnel management ensures fairness and equity in the treatment of employees. It establishes transparent and standardized processes for recruitment, performance evaluation, promotion, and disciplinary actions, reducing the likelihood of discrimination and promoting a culture of fairness and equality.
5. Workforce Planning: Public personnel management involves strategic workforce planning to anticipate and address future human resource needs. By identifying skills gaps, succession planning, and implementing effective recruitment and retention strategies, it ensures that the organization has the right people with the right skills in the right positions.
6. Employee Engagement and Morale: Public personnel management practices, such as performance recognition, rewards, and employee involvement, contribute to higher levels of employee engagement and morale. Engaged employees are more likely to be motivated, committed, and productive, leading to improved organizational performance.
In conclusion, public personnel management is essential for efficient and effective public service delivery, promoting a merit-based system, developing employees, ensuring fairness and equity, strategic workforce planning, and enhancing employee engagement. By focusing on the management of human resources, public sector organizations can achieve their objectives and serve the needs of the public more effectively.
For more questions on human resources, click on:
https://brainly.com/question/28569763
#SPJ8