ECONOMICS

Detailed explanation-1: -Self-control, an aspect of inhibitory control, is the ability to regulate one’s emotions, thoughts, and behavior in the face of temptations and impulses. As an executive function, it is a cognitive process that is necessary for regulating one’s behavior in order to achieve specific goals.

Detailed explanation-2: -Also known as an annual review, performance review or evaluation, or employee appraisal, a performance appraisal evaluates an employee’s skills, achievements, and growth, or lack thereof.

Detailed explanation-3: -Transferring authority is necessary and often a difficult aspect of management because it requires placing trust in others to do the job as a manger would. Many managers fail to do so because they believe that if they want something done the right way, they have to do it themselves.