The Components of the PRICE System of Employee Evaluation Include

question 20

Multiple Choice

The components of the PRICE system of employee evaluation include:

• A) involve, create, and evaluate.
• B) pinpoint, coach, and evaluate.
• C) perfect, reexamine, and illustrate.
• D) perform, report, and implement.

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Definitions:

Trade Discount

A reduction in the list price granted by a supplier to a buyer, often based on the volume of goods purchased or to maintain a competitive advantage.

Free On Board

A shipping term indicating whether the seller or the buyer is responsible for goods that are damaged or destroyed during shipping.

Sales Tax

A government-imposed charge on the sale of goods and services.

Account Receivable

Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.