A Small Business Owner Should Be Diligent in Documenting the Performance

question 41

True/False

A small business owner should be diligent in documenting the performance of employees over time.This helps the owner to terminate an employee for poor performance and also efficiently handle any legal issues that may arise.

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Definitions:

WIIFM

"What's In It For Me?" - A question or mindset focusing on the personal benefits or rewards that can be gained from a situation or action.

Prosocial Behavior

Voluntary actions intended to benefit or help others.

Altruism

The selfless concern for the well-being of others, often leading to acts of kindness without expectation of reward.

Self-Discipline

The capacity to manage one's emotions and conquer personal shortcomings, along with the determination to follow through on what is believed to be correct, despite being tempted to give up.