Due to the Secret Nature of Performance Standards,employees Are Only

question 422

True/False

Due to the secret nature of performance standards,employees are only permitted to review these standards at the time when they receive their appraisal.
When the manager sets the standards that will be the basis for employee performance appraisals,those standards should be communicated with the employee,and the employee should have the opportunity to offer feedback on any job-related responsibilities that may not be clear.

---

Definitions:

Production Supervisor's Salary

The compensation paid to the individual responsible for overseeing and managing the daily operations of the production floor.

Factory Overhead

All indirect costs associated with the manufacturing process, including utilities, maintenance, and salaries of non-direct labor.

Product Cost

The total costs incurred to acquire or produce the goods sold by a company, including direct materials, direct labor, and manufacturing overhead.

Office Equipment

Items and machinery used in an office for the purpose of carrying out business activities, like computers, printers, and furniture.