Who Is in the Best Position to Observe and Evaluate

question 49

Multiple Choice

Who is in the best position to observe and evaluate an employee's performance for the purposes of a performance appraisal?

• A)peers
• B)top management
• C)customers
• D)rating committees
• E)immediate supervisor

Understand the impact of customer reviews and ratings on E-Retailing.

Recognize the characteristics of different social commerce approaches.

Identify the psychological effects such as herding effect in consumer behavior.

Comprehend the concept of participatory commerce and its role in product innovation.

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Definitions:

Journalizing

The process of recording transactions in a journal so that their effects are reflected in the accounting records.

Transaction Data

Information collected about each specific activity that takes place within a business, which can be used for various financial and management analysis purposes.

Journal

A daily record of financial transactions, providing a detailed account of all entries for each transaction.

Chart of Accounts

An organized list of all ledger account titles and numbers used by a company, serving as a framework for the recording of financial transactions.