The Prevailing Purpose of Performance Appraisal Is To

question 7

Multiple Choice

The prevailing purpose of performance appraisal is to:

• A) improve and motivate staff.
• B) address the abilities of staff.
• C) address the needs of the institution.
• D) mentor staff.

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Definitions:

Marginal Benefit

The increased pleasure or usefulness obtained from the consumption of one more unit of a good or service.

Marginal Benefit

Enhanced satisfaction or usefulness gained upon consuming an additional unit of a good or service.

Marginal Cost

The additional cost incurred by producing one more unit of a good or service, a critical concept in economic decision-making and pricing strategies.