Define Performance Appraisal

question 66

Essay

Define performance appraisal. Briefly describe the factors that make performance evaluations more complex in the international context and explain the use of incentives in the compensation of employees.

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Definitions:

Situational Factors

External conditions or circumstances that can influence an individual's behavior and decision-making process.

Achievement Strivings

Efforts to accomplish success, mastery, or high standards in one’s personal and professional life.

Materialistic Goals

Aspirations or objectives that focus on acquiring material possessions and wealth.

Pursuit Of Wealth

The dedicated effort to accumulate monetary resources and material possessions as a measure of success or security.