Why Is Performance Review Important

question 54

Multiple Choice

Why is performance review important?

• A) because it is key to the validation of selection procedures, which are the foundation of all HR practices
• B) because all organizations need to weed out lower-performing individuals at a rate of about 10 percent of employees per annum
• C) because employees need to know that they are being evaluated in order to perform at an appropriate level
• D) because the success of the entire HR program depends on knowing how the performance of employees compares with the goals established for them

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Definitions:

Peripheral Countries

Nations that are not dominant in the global economy, often characterized by less economic development and dependency on core countries for capital.

Core Countries

Nations, typically developed, that dominate global economic systems, often exploiting less economically developed countries.

Global Equality

The principle of ensuring fair treatment, access, and opportunity for all people around the world, regardless of nationality, ethnicity, gender, or other characteristics.

Globalization

The method of engaging and combining efforts among individuals, corporations, and state entities globally, typically propelled by global commerce and investment, and facilitated by advancements in information technology.