The First Step in the Performance Appraisal Process Is to

question 368

Multiple Choice

The first step in the performance appraisal process is to

• A) perform a human resource inventory.
• B) establish performance standards.
• C) analyze the jobs to see what tasks must be performed.
• D) meet with employees and discuss the overall objectives of the firm.

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Definitions:

Stockbroker

A professional who buys and sells stocks and other securities on behalf of clients in exchange for a fee or commission.

Overjustification Effect

A psychological phenomenon where external rewards can reduce intrinsic motivation for a task, due to the individual attributing their behavior to the reward rather than their own interest.

Extrinsic Rewards

Benefits given by an external source, such as money, grades, or praise, which are used to motivate certain behaviors.

Intrinsic Enjoy

Finding inherent satisfaction and pleasure in an activity, regardless of external rewards or outcomes.