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As a Result of His Last Performance Appraisal, Deron Finally

question 2

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As a result of his last performance appraisal, Deron finally got the promotion he has been seeking for three years.His supervisor agreed with Deron that his performance had improved and that Deron was ready to take on more responsibility.This is an example of the _______ reason for conducting performance appraisals.


Definitions:

Trading Securities

Financial instruments like stocks or bonds held by a firm, primarily for the purpose of selling them in the near term to realize a gain.

Long-term

Pertaining to or occurring over an extended period, often exceeding one year, in the context of investments, loans, or planning.

Profit Margin

A financial ratio that measures the percentage of revenue remaining after all expenses have been deducted from sales.

Net Income

A company’s remaining income after total revenue has had taxes, expenses, and costs deducted from it.

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