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The Method of Performance Appraisal Involves Listing All the Subordinates

question 52

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The method of performance appraisal involves listing all the subordinates to be rated, crossing out the names of any not known well enough to rank, indicating the employee who is the highest on each characteristic being measured and who is the lowest, and then alternating between the next highest and lowest until all employees have been ranked.


Definitions:

Compounded Semi-annually

The process where interest is calculated twice a year and added to the principal, allowing future interest calculations to be based on the new principal amount.

Lump Sum Payment

A single payment made at a particular time, as opposed to a series of smaller payments or installments.

Economic Difference

Refers to the variation in economic performance, wealth, or resource distribution between different regions, sectors, or individuals.

Lump Sum Payment

A single payment made for the entirety of an owed amount, instead of breaking it into multiple payments.

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