Examlex
Which of the following is a purpose of performance appraisals?
Voice
A term in industrial relations referring to the ability of employees to express their opinions, grievances, or suggestions, either individually or collectively, within the workplace.
Mainstream Economics
The most widely accepted and practiced theories and models in economics, focusing on market equilibrium, the rational behavior of economic agents, and the efficiency of markets.
Competition Exists
A state where multiple entities offer similar goods or services in the marketplace, striving to achieve greater customer satisfaction and market share.
Unequal Bargaining Power
A scenario in negotiations where one party has significantly more influence or resources than the other, leading to potentially unfair outcomes.
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