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    Performance Management for HR

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    It is expected that at the completion of the assessment, student able to:1. Understand different methods and levels of measuring performance inorganisations2. Demonstrate the capacity to express ideas, concepts, and arguments in a logical and coherent written form conforming to relevant standards of academic writing....

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    Introduction

    Performance management is considered as a continuous procedure of identification, measuring as well as developing the performance of the individuals of the organization as well as an assigning performance with strategic goals of the organization. The present study deals with the factors by which the performance of the staffs of an organization can be measured and the system as well as methods of appraised followed by HRM.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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