Recommendations for the Effective Design and Use of a Performance

question 59

Multiple Choice

Recommendations for the effective design and use of a performance appraisal or management system include _____________.

• A) evaluations should be in writing
• B) the employee should receive timely feedback about the evaluation and an explanation for any outcome decision
• C) there should be agreement among different raters in their evaluation of the employee's performance
• D) all of these

---

Definitions:

Transfer of Completed Goods

The movement of goods that have been finished in the manufacturing process from the production area to inventory or directly to sales.

Work in Process

Inventory consisting of goods that are in the process of being produced but are not yet finished.

Finished Goods

Finished goods are products that have completed the manufacturing process and are ready to be sold to customers.

Overhead

Overhead refers to ongoing business expenses that are not directly tied to producing a specific product or service, such as rent, utilities, and administrative costs.