Which of the Following Statements Is True About the 360-Degree

question 106

Multiple Choice

Which of the following statements is true about the 360-degree feedback process?

• A) It involves rating an individual in terms of work-related behaviors.
• B) It collects a single perspective of a manager's performance.
• C) It breaks down formal communications about behaviors and skill ratings between employees and their internal and external customers.
• D) It gives results that can be easily interpreted by anyone.
• E) It demands very less time from the raters to complete the evaluations.

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Definitions:

Convertible Preferred Stock

A type of preferred stock that holders can convert into a predetermined number of common shares, usually at any time after a specific date.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a company and entitles the holder to a share of the company's profits through dividends and/or capital appreciation.

Dividend

Money distributed to shareholders by a company, usually sourced from its profits.

Cumulative Preferred Stock

A type of preferred stock that accumulates unpaid dividends, which must be paid out before any dividends can be distributed to common stockholders.