The Last Step in Performance Appraisal Is To

question 226

Multiple Choice

The last step in performance appraisal is to:

• A)evaluate the employee's performance.
• B)talk to the employee being appraised.
• C)take any corrective action that the appraisal indicates is necessary.
• D)use the results to make decisions about compensation,promotions,and additional training.

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Definitions:

Share Buy-backs

The process by which a company purchases its own shares from the marketplace, reducing the amount of outstanding stock on its balance sheet.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, thus having an ownership interest in the company.

Regulations

Rules and guidelines issued by governmental agencies to control or direct the conduct of activities.

Foreign Currency

Currency other than the functional currency of the entity, used in international transactions or financial statements.