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A profit center a department in an organization. history homework help: history homework help

Introduction

A profit center is a department in an organization or a business used to generate profits or loss and revenue. The management of an organization monitors the profit center results to make decisions on whether to allocate more funds to other entities or not. It acts as guidance on where to put more effort and where not. The manager under the profit center can decide how to increase more revenue and how much to use. For public-held entities, profit centers are included during segment reporting, but for private businesses, it’s not necessarily fit in a financial statement. Other departments or entities in a company include cost center responsible for cost and revenue center dealing with return on assets.  Regarding responsibilities, the profit center department is in between cost and revenue centers. The role of a profit center manager is to increase sales for more profits and revenues as they decrease the running cost (Mohamed, 2016).

A performance evaluation scheme is a system used to motivate staff in a company to be more productive. It promotes staff recognition as well as communication. When conducting evaluation, it should be fairly, objective and consistent for employees and practice protection.

A performance evaluation scheme. world history essay help

A performance evaluation scheme is a system used to motivate staff in a company to be more productive. It promotes staff recognition as well as communication. When conducting evaluation, it should be fairly, objective and consistent for employees and practice protection.

Performance evaluation is done by managers to evaluate and examine employee behaviors compared to the organization’s standards and provide feedback to employees for improvement and how. The following are some of the effects on performance evaluation; staff motivation, shown, where to improve and how. Best performance is rewarded by management as well, customer satisfaction achievement. When staff becomes motivated, they maximize production and services to the customer. (Katiyar & Chandra, 2011).

In my organization, there is suboptimal performance. The relationship between the employees and the management is significant. If the appraisal performance is not conducted well, there is a risk of negatively affecting the staff’s performance. When an employee’s performance is ineffective, teams feel demotivated, upset, and even demoralized, which causes damage to a personal relationship and poor performance in work. It negatively affects the overall performance of the company, thus fewer profits (Mohamed, 2016).

The staff and management relationship. african history assignment help: african history assignment help

In my organization, there is suboptimal performance. The relationship between the employees and the management is significant. If the appraisal performance is not conducted well, there is a risk of negatively affecting the staff’s performance. When an employee’s performance is ineffective, teams feel demotivated, upset, and even demoralized, which causes damage to a personal relationship and poor performance in work. It negatively affects the overall performance of the company, thus fewer profits (Mohamed, 2016).

There is room for improvement if the staff and management relationship is enhanced and honesty, fair and open evaluation is done. I believe the company will grow as the profits margins will increase and the staff will give all their best. Rewarding the best performing staff or management will motivate everybody in the organization and has a goal to be the next best performer coming to the following evaluation. In return,

the production rate will grow and be effective, resulting in more sales increasing profits (Katiyar & Chandra, 2011).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

References

Katiyar, V., & Chandra, R. (2011). Introduction to evaluation scheme for performance evaluation of model driven architecture. International Journal of Computer Applications, 23(1), 17-20. https://doi.org/10.5120/2854-3666

Mohamed, I. S. (2016). Internal controls practices among non-profit organizations in Malaysia: Empirical investigation on segregation of accounting duties. PONTE International Scientific Researchs Journal, 72(11). https://doi.org/10.21506/j.ponte.2016.11.32

 

Export of canola to china by Canada. ap us history essay help

Export of canola to china by Canada.

Introduction

Canada has for years been exporting several products to different countries such USA, Russia and parts of Europe. China is a tremendous and essential market for Canadian products such as Canadian pulses, pork, beef, wheat and barley. However, among all agricultural exports to china by Canada, Canola is dominant and is the one that takes the most significant part of the export. According to statistic, China is the second-largest importer of Agricultural products, and Canada is the second-largest in China’s import-export partners after the USA. (“China institute, university of Alberta”, 2021). The importation of Agricultural products by China is estimated to rise shortly due to the increased demand. Therefore, Canada and china’s relationship based on importation and exportation is prone to improve and become even more potent and significant. This relation is meant to increase the income earned by Canada from importing Agricultural products. However, the export of canola and other Agricultural imports decreased last year, especially in the first quarter of the year 2020. Not only did the canola seed export dropped in 2020, but the drop also started in 2019, where Canada experienced a 70% decrease in the export of the product. (“China institute, university of Alberta”, 2021).  Also, this import-export relationship is not as easy as expected. Instead, several challenges and shortcomings do affect the exportation of agricultural products to China by Canada. One of the main issue and challenge being the diplomatic standoff between the two countries. However, China remains a significant consumer of agricultural products and a significant importer of farm products such as canola.