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Make a Case for 360-Degree Performance Evaluation Based on the Informativeness

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Essay

Make a case for 360-degree performance evaluation based on the informativeness principle.What problems may be encountered from implementation of such a system?


Definitions:

Bond Issuing

The process by which a borrower (corporate or governmental) raises funds by selling bonds to investors.

Coupon Rate

The interest rate stated on a bond or other fixed-income security, determining the periodic interest payments to the bondholders.

Discount

The reduction applied to the face value of a bond or the lower than market price of an asset.

Par Value

The face value of a bond or stock as stated by the issuing company, which may differ from its market value.

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