To Improve the Impact of a 360-Degree Feedback Program,an Organization

question 50

True/False

To improve the impact of a 360-degree feedback program,an organization should use the feedback primarily for individual development.

---

Definitions:

Wages

Payments received by employees for their labor or services, typically calculated on an hourly, daily, or weekly basis.

Salaries

Compensation received by employees for their labor or services, typically on an annual, monthly, or hourly basis.

Rents

in economics, refers to the income generated from leasing properties or land; can also refer to excess profits not attributed to investment or innovation.

Dividends

Dividends are a portion of a company's earnings distributed to shareholders, representing a share of the profits.