James and His Manager Actually Sit Down Together and Set

question 105

Multiple Choice

James and his manager actually sit down together and set objectives for the next six months.Which of the following performance appraisal methods is being used in this situation?

• A) critical incidents file
• B) MBO
• C) BARS
• D) ranking

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Definitions:

Business Transaction

Any activity or event that involves the exchange of goods, services, or funds between two or more parties that affects the financial position of a business.

Note

A written agreement or promissory note where one party agrees to pay another under specified conditions, often used in reference to loans or debts.

Assets

Resources owned by a business or individual deemed to have economic value and expected to provide future benefits.

Liabilities

Financial obligations or debts a company owes to others, due to be paid in the future.