What is the primary goal of a performance appraisal? Select one: a. To punish underperforming brokers/agents b. To reward high-performing brokers/agents with bonuses c. To identify areas needing improvement and help brokers/agents be more successful in their careers d. To establish a ranking system for brokers/agents within the brokerage Which performance appraisal method is most effective in allowing the appraiser to play the role of observer and provide constructive feedback to the broker/agent? Select one: a. Management by Objectives (MBO) b. Graphic Rating Scale (GRS) c. Behavioural Observation Scale (BOS) d. None of the above

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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What is the primary goal of a performance appraisal?
Select one:
a. To punish underperforming brokers/agents
b. To reward high-performing brokers/agents with bonuses
c. To identify areas needing improvement and help brokers/agents be more
successful in their careers
d. To establish a ranking system for brokers/agents within the brokerage
Transcribed Image Text:What is the primary goal of a performance appraisal? Select one: a. To punish underperforming brokers/agents b. To reward high-performing brokers/agents with bonuses c. To identify areas needing improvement and help brokers/agents be more successful in their careers d. To establish a ranking system for brokers/agents within the brokerage
Which performance appraisal method is most effective in allowing the appraiser to
play the role of observer and provide constructive feedback to the broker/agent?
Select one:
a. Management by Objectives (MBO)
b. Graphic Rating Scale (GRS)
c. Behavioural Observation Scale (BOS)
d. None of the above
Transcribed Image Text:Which performance appraisal method is most effective in allowing the appraiser to play the role of observer and provide constructive feedback to the broker/agent? Select one: a. Management by Objectives (MBO) b. Graphic Rating Scale (GRS) c. Behavioural Observation Scale (BOS) d. None of the above
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