360-Degree Evaluation Is a Performance Evaluation Process in Which an Employee's

question 59

True/False

360-degree evaluation is a performance evaluation process in which an employee's peers, supervisors, and subordinates are involved in evaluating the worker's performance.

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Definitions:

Organizational Processes

Entails the methods, procedures, and routines used within an organization to produce and deliver its products or services.

External Acquisition

External acquisition refers to the process by which a company or organization purchases or acquires another company, assets, or significant shares from outside its current operations to expand its business.

Relevant Expertise

Specialized knowledge or skills that are directly applicable to a specific task or situation.

Joint Ventures

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.