GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This measures an employee’s performance according to set standards. It is usually conducted at the end of a project, contract or specific goal.
A
Self-appraisal
B
Summative
C
Formative
D
360-degree
Explanation: 

Detailed explanation-1: -Management by Objectives (MBO). Also known as “management by results, ‘’ this is a process whereby employees and managers form objectives together. They jointly determine individual objectives, how they align with company goals, and how performance will be measured and evaluated.

Detailed explanation-2: -Definition: Performance standards state the expectations for employee roles and responsibilities as they relate to the agency’s mission, vision, and values. Performance standards are written, measurable criteria against which an employee’s effort is evaluated to determine the level of functioning.

Detailed explanation-3: -“Employee performance measurement” is the evaluation of an individual’s work based primarily on objective, quantitative metrics. I believe it is critical to understanding how your employees are developing professionally and how they are contributing to your business.

Detailed explanation-4: -Negotiated appraisal. Management by objective (MBO) Assessment center method. Self-appraisal. Peer reviews. Customer or client reviews. More items •03-Feb-2023

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