In the Current Business Climate,firms May Want to Consider Evaluating

question 54

Multiple Choice

In the current business climate,firms may want to consider evaluating performance more often because ________.

• A) the law requires that companies conduct performance appraisals often
• B) changes in the business climate occur rapidly
• C) companies wish to avoid negligent retention
• D) companies use performance appraisal as a labor cost savings tool

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Definitions:

Political Process

The activities associated with governance and decision-making within an organization, relating to power and influence.

Decisions Approved

The formal acceptance or ratification of proposed choices or actions by authorized personnel.

Participation Benefits

The advantages or gains obtained from engaging or being actively involved in a particular activity or program.

Decision Quality

The extent to which a decision meets the desired objectives and is made based on relevant information and sound reasoning.