Write a Note on the Components of Performance Appraisal and Feedback

question 40

Essay

Write a note on the components of performance appraisal and feedback, pay, and benefits to the employees.

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Definitions:

Farm Prices

The prices at which agricultural products are sold by farmers, influenced by supply, demand, subsidies, and market conditions.

Variable Costs

Expenses that change in proportion to the activity of a business, such as costs for raw materials or production labor.

Fixed Costs

Costs that do not change with the level of production or sales, such as rent or salaries.

Demand Graph

A visual representation of the quantity of goods consumers are willing and able to buy at various prices, usually depicted by a downward-sloping curve.