The Main Purpose of Appraising Employees Is to Ensure That

question 32

True/False

The main purpose of appraising employees is to ensure that they follow instructions from management and always perform to the best of their ability.

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Definitions:

Goodwill

An intangible asset that represents the value of a company's brand name, customer relationships, employee relations, and other non-physical assets.

Human Capital

The stock of habits, knowledge, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.

Critical Thinking

Critical Thinking is the analytical process of objectively evaluating information to make reasoned judgments and solve problems.

Investment

The act or method of distributing resources, typically funds, with the aim of earning a return or gaining financial profit.