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performance appraisal used in sony
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The Payback method is one of the investment appraisal methods. Other methods to appraise investments are the Average Rate of Return and the Net Present Value method.
discounted cashflow method is used
In payback period of investment appraisal method all cash inflows and outflows are analysed and find out that in how many years investment proposal will earn the invested money.
Traditional methodsAlpha/numberical ratings Forced choice rating (rating scales) Forced distribution (bell-curved) Modern methods Democratisation (360o feedback)
270 Degree is kind of performance appraisal system.. in 270 degree feedback/ review from self, Boss , and pEErs.
Performance appraisal means evaluating an employee's current or past Performance relative to the person's performance standards. Appraisal involves: (i) Setting work standards (ii) Assessing the employee's actual performance relative to these standards (iii) Providing feedback to the employees with the aim of motivating that person to eliminate deficiencies or to continue to perform above par. Managers usually conduct the appraisal using a predetermined and formal method. Various methods of appraisal include:- Graphic rating scale method. Alternate ranking method Paired comparison method Forced distribution method Critical incident method Narrative forms Behaviorally anchored rating scales Management by objective (MBO) 360 degree feedback.
the best method to collect primary data is to make a Baseline Data or using the method of Rapid Rural Appraisal.
The Method in which individual are compared against other individuals.
Check out the related links to better understand the unit factor method.
graphic rating scales, ranking methods, group method, assessment centres...