Describe the benefits and downsides of using the 360-degree evaluation in performance appraisals.

What will be an ideal response?


The 360-degree evaluation gives us the best overall analysis of any employee in the firm, because it looks at an employee’s performance in the eyes of all others who are affected by that individual. The 360-degree evaluation format is more useful for individual development than it is for administrative purposes. The biggest downside is that the process takes a lot of time, which means that it also costs the company a lot of money.

Business

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According to the text, which of the following is a true statement regarding business attire?

A. Sporty clothing and business casual are appropriate in most situations. B. Few major corporations still encourage conservative clothing. C. A salesperson's wardrobe plays a significant factor in sales success. D. Overly conservative clothing highlights a salesperson's aggressiveness. E. Clothes send a vocal message about the salesperson.

Business

The topic of foreign exchange rates relates most closely to the concept of

a. separate entity. b. money measure. c. nonexchange transactions. d. business transactions.

Business

Andrei was accused of stealing office supplies and fired immediately. It would appear that Andrei’s right to ______ was violated.

A. free consent B. due process C. life and safety D. freedom of conscience

Business

Based on customer loyalty rankings for product categories, marketers could reasonably expect consumers to be most loyal to which of the following?

A) canned soup B) canned vegetables C) pet food D) soft drinks E) canned fruit

Business