Performance Appraisal Programs Can Be Used for Many Purposes,including Layoff

question 78

True/False

Performance appraisal programs can be used for many purposes,including layoff decisions,retention and termination of employees.

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Definitions:

Mode

The value or category that appears most frequently in a data set.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution, aiming to provide a concise description of a dataset's overall pattern.

Asset

An economic resource that can be owned or controlled to produce value and that is held to have positive economic value.