Why Do Performance Appraisal Programs Fail

question 33

Multiple Choice

Why do performance appraisal programs fail?

• A)because managers do not take appraisals seriously enough
• B)because performance standards are inconsistent between different job types
• C)because employees fail to inform managers of their accomplishments
• D)because there is too much employee input into the development of the appraisal program

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Definitions:

Salomon v. Salomon

A foundational company law case from the UK, establishing the principle that a corporation has a separate legal personality, distinct from its shareholders.

Secured Creditor

A creditor that has a legal claim, or lien, on collateral that secures loan repayment.

Legal Entity

An organization or individual with legal rights and obligations, like a corporation or partnership.

Personal Guarantee

A guarantee of payment for another’s obligation.