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In Reaction to Scandals at Enron, Tyco International, and WorldCom

question 57

True/False

In reaction to scandals at Enron, Tyco International, and WorldCom, Congress passed the Sarbanes-Oxley Act of 2002.


Definitions:

Valid Performance Appraisal

An evaluation process that accurately and reliably measures an employee's job performance and productivity.

Measurement Criteria

Standards or benchmarks used to evaluate or assess the effectiveness, quality, or performance of something.

Reliable Measures

Assessment tools or methods that consistently produce the same results under the same conditions, indicating high reliability.

Leadership Training Program

A structured plan of educational activities and experiences designed to develop leadership abilities and skills.

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