ECONOMICS

Detailed explanation-1: -Don’t solve for symptoms. The first step in effective problem-solving is to identify the real problem you are trying to solve. Rarely is the presenting problem the real problem. If employees are not following a procedure, chances are good the problem is not with the employee.

Detailed explanation-2: -The most common mistakes for managers are usually focused around delegation; either a manager is delegating too much or not enough. A manager who fails to delegate will become overloaded and fail to move the business forward.

Detailed explanation-3: -Which of the following activities should a manager complete after selecting a solution? Identify who should be a part of implementing the solution. Gather information to determine if the solution is solving the problem. Leaders and managers are the same within an organization.

Detailed explanation-4: -Also known as an annual review, performance review or evaluation, or employee appraisal, a performance appraisal evaluates an employee’s skills, achievements, and growth, or lack thereof.