In Order to Improve His Performance and Motivation, Scott's Performance

question 37

Multiple Choice

In order to improve his performance and motivation, Scott's performance is evaluated not only by his direct manager, but also by his customers, subordinates, and coworkers.This is an example of a

• A)self appraisal.
• B)peer appraisal.
• C)client appraisal.
• D)supervisor appraisal.
• E)360-degree appraisal.

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Definitions:

Additional Financing

Funds that are raised by a company through borrowing or issuing new equity, in addition to its existing capital.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue; the higher the turnover, the better.

Current Ratio

An indicator of a company's ability to meet short-term debt obligations; calculated by dividing current assets by current liabilities.

Fixed Assets

Fixed assets are long-term tangible assets that are used in the operations of a business and are not expected to be consumed or converted into cash within a year.