ENTREPRENEURSHIP

Detailed explanation-1: -360 Degree Appraisal is a feedback method wherein the details of an employee’s performance is gathered from other stakeholders such as superiors, peers, team members and self.

Detailed explanation-2: -A graphic rating scale (sometimes called a Likert scale) is a performance appraisal method that lists desired traits and behaviors for each role, then rates workers on each of those on a numbered scale.

Detailed explanation-3: -360-Degree Feedback. 360-degree feedback is a multidimensional performance appraisal method that evaluates an employee using feedback collected from the employee’s circle of influence namely managers, peers, customers, and direct reports.

Detailed explanation-4: -In the behavioral observation scale (BOS) approach to performance appraisal, employees are also evaluated in the terms of critical incidents. In that respect, it is similar to BARS. However, the BOS appraisal rate subordinates on the frequency of the critical incidents as they are observed to occur over a given period.