Performance Appraisal Has Two Purposes; What Are They

question 24

Multiple Choice

Performance appraisal has two purposes; what are they?

• A) Create and foster
• B) Identify and understand
• C) Define and appraise
• D) Develop and evaluate
• E) Discuss and promote

---

Definitions:

Farmers' Incomes

Refers to the financial earnings of individuals or families engaged in agriculture, significantly influenced by market prices, yield, and costs.

Demand Graph

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at various price levels.

Inelastic Demand

A characteristic of demand where the quantity demanded changes minimally in response to price changes.

Total Farm Income

The cumulative financial earnings from all farm production and related activities over a specific period.