Identify the three-step process for performance evaluation.
a. Collect necessary data, collate employee performance, and disseminate performance review
b. Collect necessary employee data, evaluate the data, and appraise the employee
c. Collect entire staff data, evaluate the data, and inform each employee of the appraisal
d. Collect necessary data, evaluate employee’s performance, and write performance review
d. Collect necessary data, evaluate employee’s performance, and write performance review
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As firms introduce new products at a faster rate, what tends to happen to existing products in the product mix?
A. Production costs for existing products tend to go down. B. Product life cycles become much slower. C. The price of existing products tends to go up. D. Existing products enter the maturity and decline stages more slowly. E. Existing products enter the maturity and decline stages more quickly.
Dimitri, a certified public accountant and an investor, and Elinor, an in-surance salesperson and a realtor, may create an agency relationship for A) a legal business purpose only
B) any legal purpose. C) any legal or illegal purpose. D) no purpose.
A plan that outlines alternative courses of action is called a(n) ____ plan.
A. objective B. tactical C. strategic D. contingency E. operational
When third-party conflict mediators are involved in a resolution attempt, the mediators usually come from inside the organization.
Answer the following statement true (T) or false (F)