Efficiency Rating Service Rating Job Rating Experience Rating Answer 3. Job Rating Explanation Merit Rating is also known as Job rating or performance appraisal or performance evaluation. It is a systematic process for measuring the performance of the employees in terms of job requirements.
Category: COMMERCE MCQs
Under which method of performance appraisal one person is compared with all others for the purpose of placing them in a simple order of work?
Grading Person to Person comparison Ranking None of the above Answer 3. Ranking Explanation Ranking is a method in which one person is compared with another inroder to rank them in a simple order of their relative performance.
Business Environment and International Business MCQ
Assertion (A): Internal factors of the business environment arecontrollable factors. Reason (R): The company can alter or modify such factors to suit theenvironment. Codes: Both (A) and (R) are correct. (A) is correct, but (R) is incorrect. Both (A) and (R) are incorrect. (A) is incorrect. Answer 2. (A) is correct, but (R) is incorrect.
The following is not an essential element of organisation
Division of labour Human group Structure of relationships Budget and accounting system Answer 4. Budget and accounting system