Which of the Following Is a Purpose of Performance Appraisals

question 40

Multiple Choice

Which of the following is a purpose of performance appraisals of employees?

• A) Increasing the number of resources
• B) Evaluating human resource programs
• C) Providing learning opportunities to employees
• D) Promoting interaction among employees

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Definitions:

Negative Externalities

Negative effects or costs that are incurred by third parties as a result of economic activities, for which they are not compensated, such as pollution.

Equilibrium

Equilibrium represents a state of balance where there is no net tendency for change, often used to describe the point at which market supply and demand balances each other.

External Benefits

Positive effects that an activity or transaction has on individuals or entities who are not directly involved in the activity, often justifying government intervention or subsidies.

Allocative Efficiency

A state of resource allocation where resources are distributed according to consumer preferences, leading to optimal production levels and pricing.