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Q: List at least 3 things that were a hindrance to you in achieving the KRA objectives?
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How can the term business efficiency be explained?

In business efficiency is achieving the goal with least amount of resource consumption. Productivity and effectiveness are calculated by using an efficiency comparison.


What is a second equi-marginal principle?

The least-cost means of achieving an environmental target will have been achieved when the marginal costs of all possible means of achievement are equal.


How does managerial economics help managers in achieving his organizational goals?

The goal of any organisation is to achieve maximum (Profits)efficiency with least amount of labour and investment. The managerial economics is not a concrete science, since both management and economics are not and both subjects are highly flexible and are totally under human control. Both subjects, deal with the nature of human being. In brief: Achieving the optimum output with least input, is the simple definition of this subject.


Why do you use scale of preference in economics?

You use scale of preference to know your most wanted things to your least wanted things and to get your piorities right and to achieve your un satisfied wants with your limited resorces.


What are personnel policies discuss the process of policy formulation?

i) To Achieve the objectives of the organisation: Polices are guide to action towards the objectives of the organisation so they must be known to ever concerned person in order to concentrate their efforts towards the objectives.(ii) Uniformity in decisions: Personnel polices furnish the general standard or basis on which decisions are reached. Decisions in one organisation are taken by the various line authorities keeping in view the personnel polices and thus uniformity of action is maintained similar cases. There is the least possibility of workers' exploitation through base decisions.(iii) Delegation of authority possible: Delegation of authority means assigning work to others and give them authority to do it. Personnel policies help the executives at various levels of decision centres to act with confidence without consulting the superiors every time. They give a manger liberty to choose the alternatives provided an to decide upon the action.(iv) Better control: Better control : As personnel polices specify relationship among organisation, management and workers, 50 each group works for the achievement of the large objectives of the organisation without any policy conflicts. Thus it provides better control.(v) Evaluating Efficiency: Policy provides standards the execution of work. Efficiency of each group may be evaluated by performance in the light of the policy. It may be assessed whether organisation has achieved the desired results set in the policy. Policy maybe amended or a new policy mat be formulated in the light of the actual performance.(vi) Confidence: Policy provides the workers a security against exploitation. It creates confidence in the in the employees. They may know where they stand in relation to the organisation.(vii) Motivation of workers: Policy makes the employee aware of the objectives of the organisation and guides the workers in achieving them. So they work enthusiastically and with loyalty to gt those objectives.(viii) Guide to management: Policy provides guidance to management in relation to the personnel problems they resolve how to get work done by the people at work or how to behave them.

Related questions

How many objectives are there on Howrse?

New objectives are added all the time. There are at least 80 right now. Just keep completing them, new ones will arrive.


What is wrong with achieving Merit in an exam?

There is nothing wrong with achieving Merit in an exam, since that probably means a score of at least 75% and congratulations are due. However, it could be better to achieve a Distinction to show that you really know your stuff.


Why is fumaric acid a stable acid?

Fumaric acid being the trans isomer will have the least stearic hindrance as the carboxylic acid groups will be on the different sides of the double bonds-hence causing the least electronic repulsion. Fumaric acid will be more stable as compared to maleic acid.


What is the objective of hotel and restaurant management?

To assist employees in achieving their personal goals, at least insofar as these goals enhance the individual's contribution to the organisation.


Why is it important to have a doctors degree?

It is only important if that degree is required to accomplish your overall career goals and objectives, or at least leads to it.


What are apple's marketing objectives?

Apple wants to gain at least 1% of Apple iphones profit within a year it sells.


Make you a sentence with the word discipline?

Discipline is essential for maintaining focus and achieving one's goals.


How can the term business efficiency be explained?

In business efficiency is achieving the goal with least amount of resource consumption. Productivity and effectiveness are calculated by using an efficiency comparison.


Objectives of a businessman for his business partners and workers?

To make as much money as possible in the least amount of time while maintaining a code of ethics.


What is the strongest pain popularity in first year college students?

It should be one of the least concerns of a student. Students are there to accomplish the educational goals and objectives that will lead to their career goals and objectives, not for popularity. That being said, it depends on the student and their esteem issues.


What is a second equi-marginal principle?

The least-cost means of achieving an environmental target will have been achieved when the marginal costs of all possible means of achievement are equal.


What is a biopoem?

This is a Bio-Poemline1: first nameline2:who is (at least three things)line3:who Love's (least three things)line4:who feels (at least three things)line7:who fear's (least three things)line8:who would like to seeline9:who is a resident of _________line10:last name