Performance Appraisal Is the Formal Process Used to Evaluate and Support

question 14

True/False

Performance appraisal is the formal process used to evaluate and support employee performance, and when done well is valuable only for employers.

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Definitions:

Liability

A legal responsibility or obligation that may result in financial loss.

General Power of Attorney

A legal document that grants broad authorizations to a person to act on another's behalf in a wide range of legal and financial issues.

Principal

The primary party involved in a transaction or agreement, especially in finance, law, or education, or the amount of money on which interest is paid or received.

All Business

The term "all business" generally implies a focus on practical and effective actions, often with a serious or determined approach to work or tasks.