ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Discussing the appraisal with the employee
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Examining the work performance of the employee
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Appraising the work performance of the employee
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Communicating the performance criteria to the employee
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Detailed explanation-1: -The final step in the appraisal process is the discussion and/or implementation of any next steps: a reward of some sort-a raise, promotion or coveted development opportunity-or corrective action-a performance plan or termination.
Detailed explanation-2: -The final step in the appraisal process is to consider and analyze the relevance of the approaches to value in relation to the subject property and the reliability, quality and quantity of the data used in the approaches to value.
Detailed explanation-3: -IDPs or Individual Development Plans are often a vital part of the performance appraisal process. IDPs are usually the final documented step in most appraisal systems, enabling employees to set realistic goals for themselves, work toward those goals and explore advanced career opportunities within the company.
Detailed explanation-4: -Develop an evaluation form. Identify performance measures. Set guidelines for feedback. Create disciplinary and termination procedures. Set an evaluation schedule.
Detailed explanation-5: -7 STEPS OF THE COMMERCIAL APPRAISAL PROCESS. Identify the problem. Determine the scope of work. Collect the data. Analyze the data. Estimate the land value. Form an opinion of value. Prepare an appraisal report. 03-Apr-2019