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One of the Methods of Evaluating Performance Is the Trait

question 42

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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:

Bank Deposits

Funds that customers place into a bank account, which can range from savings and checking accounts to fixed deposits.

Financial Problems

Challenges faced by individuals or organizations in managing their money, often leading to a lack of financial stability or solvency.

Loss of Deposits

Occurs when funds deposited in a bank or financial institution are diminished due to factors like bank failures or fraud.

Great Depression

A significant international economic collapse that happened during the 1930s.

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