__________ Is the Ongoing Process of Evaluating Employee Performance

question 107

Multiple Choice

__________ is the ongoing process of evaluating employee performance.

• A) Performance management
• B) Coaching
• C) Performance appraisal
• D) Counseling

Understand the effect of changes in sales, expenses, and assets on financial performance indicators.

Understand the concept of margin in ROI analysis and its computation.

Identify the benefits and drawbacks of using residual income as a performance measure.

Understand the implications of financial decision-making on company divisions.

---

Definitions:

Supply-Side Economics

Main tenets: economic role of federal government is too large; high tax rates and government regulations hurt the incentives of individuals and business firms to produce goods and services.

Systematic Error

refers to a consistent, predictable error present in the results of measurements or experiments due to flaw in the measurement system.

Rational Expectations

A theory in economics suggesting that individuals make decisions based on their rational outlook, available information, and past experiences.

Adaptive Expectations

A theory in economics that expectations of future events are constructed based on past events and that agents adjust slower to new information.