Which of the Following Is True of a Performance Appraisal

question 48

Multiple Choice

Which of the following is true of a performance appraisal?

• A) It is theultimate goal of all organizational activities.
• B) It is conducted by thetop management of an organization.
• C) It is focused on improving employees' performance on the job.
• D) It is legally mandatory only for organizations with over a hundred employees.
• E) It is a more encompassing process than performance management.

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Definitions:

Positive Profit

A financial gain that occurs when the revenues earned exceed the costs incurred.

Production Level

The quantity of goods or services that a firm or economy produces within a given time period.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and equipment leases.

Market Price

The current price at which an asset or service can be bought or sold in a market.