Discuss how performance appraisal and feedback contribute to an organization's effective management of human resources.
What will be an ideal response?
Performance appraisal and feedback contribute to the effective management of human resources in several ways. Performance appraisal gives managers important information on which to base human resource decisions. Decisions about pay raises, bonuses, promotions, and job moves all hinge on the accurate appraisal of performance. Performance appraisal can also help managers determine which workers are candidates for training and development and in what areas. Performance feedback encourages high levels of employee motivation and performance. It lets good performers know that their efforts are valued and appreciated. It also lets poor performers know that their lackluster performance needs improvement. Performance feedback can give both good and poor performers insight on their strengths and weaknesses and ways in which they can improve their performance in the future.
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A. point-of-purchase B. benchmark C. stoplight D. value-based E. loss-leader
What is the cash ratio as of December 31, 2019, for Phillips Company? (Round your answer to two decimal places.)
Phillips Company had the following financial data for the year ended December 31, 2019.
A) 0.28
B) 0.37
C) 0.45
D) 0.82
The contractual arrangements of in-home personal interviews can vary considerably across countries
Indicate whether the statement is true or false
Court-appointed individuals or firms who identify and collect a debtor's assets and then allocate those assets to creditors in an orderly manner are the:
a. examiners. b. trustees. c. adjusters. d. judges.