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Bree Went into Her Performance Appraisal Interview Expecting to Hear

question 37

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Bree went into her performance appraisal interview expecting to hear what a great performer she was and that she was getting a promotion.Instead,her manager pointed out some important areas in which Bree needed to improve if she wanted to continue to advance in the organization.As a result,Bree plans to focus on those areas of improvement in hopes of getting the promotion next year.This is an example of the ______ reason for conducting performance appraisals.


Definitions:

Unrealized Inventory Profits

Profits that result from internal sales within a company or conglomerate but have not been realized through sales to external parties.

Significant Influence

A level of control that an investor has over a business entity, typically through ownership of a significant but not majority share of voting stock.

Consolidated Statement

A financial statement that aggregates the financial positions and results of operations of a parent company and its subsidiaries, presenting them as a single economic entity.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from revenues.

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