ENTREPRENEURSHIP

Detailed explanation-1: -An employee performance evaluation, also known as a “performance review, ‘’ is a process used by organizations to give employees feedback on their job performance and formally document that performance. Although companies determine their own evaluation cycles, most conduct employee performance evaluations once per year.

Detailed explanation-2: -The term “performance appraisal” refers to the regular review of an employee’s job performance and overall contribution to a company.

Detailed explanation-3: -Management by Objectives (MBO) 360-Degree Feedback. Assessment Centre Method. Behaviorally Anchored Rating Scale (BARS) Psychological Appraisals. Human-Resource (Cost) Accounting Method.