Managers at the Allerton Bank Get a Performance Appraisal One

question 261

Multiple Choice

Managers at the Allerton Bank get a performance appraisal one time each year. The bank uses a relatively new evaluation process that provides feedback about performance not only from superiors but also from subordinates and other managers at the same level. This type of evaluation is known as a(n) :

• A) organizationwide appraisal.
• B) 360-degree review.
• C) circular analysis.
• D) multilevel assessment.

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Definitions:

Navigation Bar

A user interface element within websites and applications that provides links to the major sections of the website, facilitating easy access and browsing.

Financial Information

Data pertaining to the financial status and activities of an individual, organization, or project, including assets, liabilities, revenues, and expenses.

Planning Purposes

The intention behind actions or decisions aimed at forecasting future operations, setting goals, and determining the strategies and resources required to achieve them.

Future Profitability

The expected financial success or ability of a company to generate profit in future periods.