Explain three main reasons for conducting performance appraisals.
What will be an ideal response?
Communicating how the organization believes each employee is performing. Allowing management to make decisions about employees within each organization associated with pay raises, promotions, demotions, training and development, and termination. Provide motivation to our employees to improve the way they work individually for developmental purposes, which will in turn improve organizational productivity overall.
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Provide a brief definition of each of the following terms.
The price/earnings (P/E) ratio is an indication of investor confidence in a company
Indicate whether the statement is true or false
Costs to store a vehicle for a short period of time after an auto dealer fails to complete the contract to purchase the vehicle would be:
a. compensatory damages. b. incidental damages. c. consequential damages. d. punitive damages.
A services firm's sales and operations plan generates both production plan and a staffing plan
Indicate whether the statement is true or false