Ashford University Performance Evaluation & the Falling Prices of Gas Discussion

1:

An important part of being an effective manager is the performance evaluation process. Read Time to Scrap Performance Appraisals?, which explains some of the problems with the performance evaluation process and offers some suggestions on how to make this process more meaningful and effective. After reading the article, think about your last performance evaluation (or a school-related evaluation). In your initial post, describe this evaluation. How did you feel walking out of that meeting with your manager or professor? Was it meaningful and effective? Did you have a clear understanding of your performance? Did you understand your goals and objectives?

Next, consider the “new keys to success” discussed in the article. Address the following additional questions in your initial post: Could your evaluation have been made clearer to you? Which “keys to success” would have assisted in your situation? Why?

2:

Gas prices fluctuate often and in both directions. In your initial post, respond to the following:

• How responsive do you think consumers will be to the price change when these fluctuations occur due to changes in supply? Why? Use the various determinants of elasticity to explain your answer.
• How does the price elasticity of demand for gasoline impact the effectiveness of taxes on gasoline aimed at correcting a negative externality?

Consider incorporating the supply-and-demand model to demonstrate the elasticity of demand for gas and to show the effects of tax on the market for gas.