What Is the Defining Feature of a 360-Degree Feedback System

question 9

Multiple Choice

What is the defining feature of a 360-degree feedback system?

• A)Employees receive feedback from a variety of people including supervisors,coworkers,and clients.
• B)Results are given in pie-chart format.
• C)Employees have the opportunity to respond to feedback.
• D)Employees are responsible for providing feedback to everyone they deal with.

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Definitions:

Marginal Cost

The cost incurred by producing one additional unit of a product.

Average Cost

The cost per unit of output, represented by dividing the total production cost by the quantity of units produced.

Marginal Cost

The rise in overall expenses associated with the production of an extra unit of a good or service.

Marginal Revenue

Marginal revenue is the additional income that is gained from selling one more unit of a product or service.