Assessment 3 of 3 Assessment Project Manage people performance Project 1 When allocating it is important to consider that work should be allocated on a fair basis taking into consideration the employee experience‚ expertise‚ skills‚ knowledge understanding and workloads. It i salso important to consider the following: Goals and objectives Work must be goal and target oriented. Managers and their employees need to set goals that are realistic‚ achievable and have timeframes attached. Large goals
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1. Outline the guidelines‚ procedures and codes of practice that are relevant to your work *** Answer submitted on Jan 8 2013 10:31AM *** The Guidelines‚ procedures and codes of practice relevant to my work are: Guidelines: How to answer the phone‚ how to use office equipment i.e. the franking machine and tannoy system. The appropriate dress code in the workplace and how to store and file items. Procedures: How to sort and distribute incoming and outgoing mail/deliveries‚ how to report staff
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Knowledge Unit Title 1: Manage Own Performance in a Business Environment Learning Outcome 1: Understand How to Plan Work and be Accountable to Others 1.1 The purpose of planning my work is so that I can set a clear period of when things need to be started and completed by‚ this will help me prioritise my work and organise it on a day-to-day basis. The benefits: I would be able to see clearly what is left to do I will be able to avoid doing the work twice I can keep a clear record of what
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securities) from the rate of return for a portfolio and dividing the result by the standard deviation of the portfolio returns. {draw:line} {draw:frame} {draw:frame} Sharpe Ratio = Where rp = Expected portfolio rate of return rf = Risk free rate of return σp = Portfolio standard deviation Since standard deviation is a measure of the associated risk (systematic + unsystematic) of a portfolio‚ it helps to evaluate whether the portfolio’s returns are due to smart investment decisions or a result
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Week 3 Knowledge Check Study Guide Concepts Mastery Score: 7 / 7 Questions MONOPOLY 100% 1 OLIGOPOLOY 100% 2 PROFIT MAXIMIZATION 100% 3 4 MARKET STRUCTURE 100% 5 6 7 Concept: MONOPOLY Mastery 100% Questions 1. In a monopolistically competitive market‚ A. firms produce differentiated products 1 B. there are barriers to entry C. firms produce homogeneous products D. the demand for any firm’s product is perfectly elastic Correct: The Correct Answer is: A. Concept: OLIGOPOLOY
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1.1 Outline ‘guidelines‚ procedures and codes of practice relevant to personal work. There are procedures that need to be followed relating to various aspects of the job including correct procedures to greet visitors‚ answer the telephone‚ dealing with incoming and outgoing mail‚ taking minutes for team meetings as well as other procedures. 1.2 Explain the purpose of planning work and being accountable to others for own work The purpose of planning before attempting any work is to create
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Service also manage lists of individuals who are barred from working with children and adults. New safeguarding regulations introduced in October 2009 place an obligation on employers‚ social services and professional regulators to notify the DBS of relevant information. This obligation ensures that individuals who pose a threat to vulnerable groups can be barred
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might only need to give credit for the excellent teamwork and make sure they keep up the good work. I can monitor any changes in team performance as we use a weekly monitoring system where as after every break‚ we get a customer satisfaction reported back but overall we need to achieve a set target combined all the weeks together. So where there is any dip in performance‚ I can call a quick team meeting‚ identify where things are not working as they should be working and provide feedback to the team
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Assignment 1 - Problem-3 –Chapter-1 of Discovering Knowledge in Data For each of the following meetings explain which phase in CRISP-DM process is represented: a. Managers want to know by next week whether deployment will take place. Therefore analysts meet to discuss how useful and accurate their model is. This is the Evaluation phase in the CRISP-DM process. In the evaluation phase the data mining analysts determine if the model and technique used meets business objectives established in
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1. Explain the purpose of agreeing standards for your own work. Give at least two reasons. Answer: Organisation provides a foundation of work standards to ensure everyone knows what is required from them and from people around them. As an employee‚ we should always make sure that we know exactly the work standards required of you. Uniform standard – clean‚ press and shirt tuck into the trouser Behavioural standards – acceptable behaviours in the work environment - time keeping or all
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