Which of the Following Appraisal Systems Is Based on the Concept

question 88

Multiple Choice

Which of the following appraisal systems is based on the concept that learning helps organizations improve their internal processes and allows individuals to see how their performance ties in with the firm?

• A) balanced scorecard approach
• B) 360-degree evaluation
• C) customer-oriented approach
• D) management by objectives

---

Definitions:

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit, and products that are close substitutes, leading to price determination by supply and demand.

Coconuts

Tropical fruits with a hard outer shell and milky interior, known for their versatility in food products and industrial uses.

Fish

Aquatic animals that are typically cold-blooded, covered with scales, and equipped with fins, used as a significant food source for humans.

Comparative Advantage

An economic principle that refers to the ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade.