Which of the Following Statements About Performance Appraisals Is the Most

question 422

Multiple Choice

Which of the following statements about performance appraisals is the most accurate?

• A) The most difficult step of a performance appraisal is almost always the actual evaluation of the employee's performance.
• B) Performance standards do not have to be measurable in order to be effective.
• C) The discussion of the results of a performance evaluation with an employee should allow the employee an opportunity to make suggestions about how to improve on current procedures.
• D) Most employees have a good understanding of the standards they are expected to meet, even if their managers do not explicitly communicate these standards.

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Definitions:

Marginal Cost

The price of generating one more unit of a product or service.

Economic Loss

The difference between what is actually earned and what could have been earned in the best alternative scenario.

Parking

The act of halting a vehicle and leaving it unoccupied for a duration, often in a designated area or lot.

Opportunity Costs

The detriment faced for not opting for the immediate next best possibility during decision implementation.