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.

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Definitions:

Chapter 7

A provision under the U.S. Bankruptcy Code dealing with the process of liquidation, where a debtor's assets are sold off to pay creditors.

Debtor's Estate

The total assets and liabilities of a debtor that are considered in the event of bankruptcy or for satisfying debts.

Creditors

Individuals or institutions to whom money is owed by debtors.

Unsecured Creditors

Creditors that lend money without taking collateral, meaning they do not have a claim on specific assets of the borrower in case of default.