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The Internal Hire Dan Young Is a New Sales Manager for the Flourish

question 96

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The Internal Hire
Dan Young is a new sales manager for The Flourish Group, a private healthcare consulting firm based in New South Wales.Dan was hired from within the firm and he is now supervising many of the people he had formerly worked with, including two friends with whom he competed for his new job.Thus, Dan is especially sensitive to potential problems stemming from the performance evaluation process and is conducting lengthy research on the advantages and disadvantages of the various methods.
-Refer to The Internal Hire (Scenario) .Upon starting his new job, Dan met with each of his new charges individually.Prior to this meeting, Dan took the time to write out a subjective description of what he perceived as each of his employees' strengths and weaknesses.He also provided each salesperson with a graph depicting each salesperson's recent objective performance against his or her own past performance.Wade is utilising which of the following technique(s) ?


Definitions:

Non-Dividend Paying Corporation

A corporation that chooses not to distribute any part of its earnings to shareholders as dividends, typically to reinvest in the business.

Limited Liability Company

An organizational form that merges the direct taxation benefits of a partnership or sole proprietorship with the limited legal responsibility characteristic of a corporation.

Hedge Funds

Investment funds that employ diverse strategies to earn active returns for their investors, often engaging in more complex trading, portfolio-construction, and risk management techniques than conventional mutual funds.

Aggressive Financial Strategies

Financial tactics that involve higher risk to achieve potential higher returns, often characterized by significant borrowing and rapid growth objectives.

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