A Poor Performance Appraisal System Can Cause

question 67

Multiple Choice

A poor performance appraisal system can cause:

• A)HR departments to miss their objectives
• B)corporate goals to be met more easily
• C)employee-related decisions to be based on trial and error
• D)better hiring decisions
• E)more efficient and satisfactory compensation systems

---

Definitions:

Target Return

A specific financial goal that a company or investment seeks to achieve, usually expressed as a percentage of return on investment.

Short-Term Orientation

A cultural or business perspective that focuses on achieving immediate results or benefits, often at the expense of long-term goals.

Pricing Objectives

The goals that guide a business in setting the cost of a product or service to its customers, which can include maximizing profit, capturing market share, or achieving a target return on investment.

Market Share

Market share is the percentage of an industry's total sales that is earned by a particular company over a specified time period, reflecting the company's size and competitiveness in the market.