Question
Performance Appraisal is important because- i.
Organisations need to asses level of performance articulated specifically, both quantitatively and qualitatively, in terms of goals, targets, behaviour, etc. ii. It improve work allocation and productivity of the team iii. It helps in deciding organisational objectives and targets iv It identifies strong and weak points of personnel and aids remedial measures for perceived weaknesses through need based training.Solution
Performance appraisal serves the three- fold purpose of monitoring, evaluation, and control. It has nothing to do with setting the organisational objectives, which are decided by the top management based on the competitive strategy and market.
Which of the following establishments is covered under the Payment of Wages Act, 1936?
I. Factories
II. Plantations
III. Educational Institutions
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The principle that suggests recording expenses only when they are realized, and income only when they are certain, is known as:
Ashok Mehta committee is related to?
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