Performance management process of the organizations can get improved through incorporating effective practices or steps (Rummler and Brache, 2012). Various practices help companies in reducing their performance management issues and also support them in designing and implementing more effective management system.
n contemporary business setting realisation of goals depends upon how organization approaches it, professionalism in approach reduces the risk and cost associated with achieving organisational goals. Henceforth, professionalism leads to more consistent and high quality outcomes leading to a sustainable competitive advantage
After going through the content of the course, I have formulated some expectations that this course will acquaint me with immigration law by discussing all the interplaying factors and intricate elements that must be considered to begin comprehending the immigration law. My expectations are to get familiar and grab key essential concepts to become able to undertake self-study to facilitate in comprehending the complex immigration issues and problems.
Past practices of business didn’t represented lease in financial statement. Technically, a business under lease agreement maintains an asset for a gain with scheduled payments (Stuebs & Thomas, 2011). The off-balance sheet nature of the transactions hides the involved liabilities hence misrepresentation of the financial performance is unavoidable. There are clear cash inflow and outflows resulting from the use of asset without its representation in financial statement a business cannot be held responsible for honoring the arrangement or at least hiding them for fraudulent representation of company’s financial position.
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