The Point of the Performance Appraisal Is to

question 85

Multiple Choice

The point of the performance appraisal is to

• A)provide a paper trail of manager-employee interactions.
• B)stimulate better job performance.
• C)demonstrate correct methods for work procedures.
• D)make sure that the subordinate's behavior is tightly controlled.
• E)avoid legal problems, especially discrimination complaints.

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Definitions:

Risk Transfer Plan

A strategy to shift potential risks to a project to another party, usually through insurance or contracts, as a way to mitigate negative impacts.

Risk Acceptance Plan

A strategy where potential risks are acknowledged but deemed manageable or low enough to proceed without additional mitigation measures.

Risk Avoidance Plan

A strategy or approach to identify, assess, and prevent potential risks from impacting a project or business activity.

Financial Risk

The possibility of losing money or the financial uncertainty involved in an investment, business venture, or other financial activities.