Examlex
Discuss four methods that are commonly used to appraise employee performance.
Positive-Sum Strategy
A situation in economic, political, or trade relations where all parties benefit, as opposed to a zero-sum game where the gain of one party is exactly balanced by the loss of another.
Terminal Nodes
The end points of a decision tree where the outcomes are listed, with no further branches.
Sequential Game
A type of game in game theory where players make decisions one after another, with later players having some knowledge of earlier actions.
Nash Equilibrium
A concept in game theory where no player can benefit by changing their strategy while the other players keep theirs unchanged.
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