One of the Methods of Evaluating Performance Is the Trait

question 42

True/False

One of the methods of evaluating performance is the trait method, where managers look at an employee's specific traits in relation to the job, such as friendliness to the customer.

---

Definitions:

Auditors

Independent professionals who examine the financial records and business transactions of a company to ensure accuracy and compliance with accounting standards.

Self-Regulation

The process whereby an industry or profession monitors and enforces its own standards and practices without external oversight.

Debt Financing

The practice of borrowing funds from external sources, typically through loans or bonds, to finance business activities.

Issuing Bonds

The act of a corporation or government borrowing money from investors by selling debt securities, known as bonds, which promise to repay the principal along with interest on specified dates.