On August 2 2018 for the first time in history Apple became the worlds first 1

On august 2 2018 for the first time in history apple

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On August 2, 2018, for the first time in history, Apple became the world’s first $1 trillion company. While it net-worth dropped in the second half of the year by losing over $450 billion in the last quarter of 2018, it has since recovered most of that amount and now stands at $914.603 billion as, of June 2019. Apple’s 2018 revenue was more than $265 billion with 132,000 employees and 500+ retail stores in worldwide. 2. Evaluation Systems/ Methods At Apple, appraisal is on-going and aims to give feedbacks to both appraiser and appraised and to serve as formal opportunity for personal counseling, motivation salary reviews and allocation of merit paychecks. Staff members are accessed based on terms of objectives, tasks and results achieved based on pre-determined goals planned and agreed collectively by individuals and their line managers. The appraisal system helps the HR to determine any shortage in a particular skill, and therefore undertake recruitment to replace such efficiency. Also, rewards are given for good work. Apple uses two appraisal tools for evaluating its employee performance that are: - Peer Appraisal, it is a method of performance appraisal wherein the peers and teammates provide a unique perspective on performance. While managers are best able to assess an individual’s outcomes and results, peers provide insight into an individual’s interpersonal interactions and skills - 360 Degree feedback, a 360-degree feedback is an employee evaluation tool that includes feedback from subordinates, supervisors, colleagues and also customers. Its purpose is to create a broader view of the employee's performance based on the impact of relationships with key shareholders. This information is then incorporated into that person's performance review 3. Case Study Let analyze the situation created by our group choosing to interview 2 positions from Aple: 1 manager and 1 employee (non-manager). Then,
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basing on peer assessment, CEO has the precisely overview with the performance of these 2 positions. Job Description : There are two observations were made base on two person working full-time at Apple Store Nguyen Hue: a store leader and a specialist. As a store leader, to construct and manage the various teams that engage customers in this energetic enviroment are extremely important. In this part, a leader need to lead the individuals that offer and assitance clients accomplish possession, learn modern aptitudes, get specialized bolster, and discover trade arrangements. Versatile and adaptable are also needed for this position because dealing with both employees and customers are not seemed to be easy. There are some requirements for who want to become a store leader at Apple Store. (1) Motivate group to convey quantifiable comes about for the store's different commerce divisions. (2) Leads a sales force that discover customers' need and delivers solution to build Apple loyalty.
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