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Stocks, Stock Valuation, and Stock Market Equilibrium- Mini Case

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Program Capstone

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Part 1 & 2 Performance evaluation is a term that is used to refer to the measure of the effectiveness of a worker as far as the dispensation of their duties is concerned. Performance evaluation seeks to apply the use of various aspects of the worker’s duties and responsibilities in order to assess the effectiveness of the worker at the workplace (Schwartz, 2001). Performance evaluation can either involve a manager appraising the performance of their employees or it can be the other way round where the employee is asked to assess the performance of their supervisor. In addition to assessing various aspects that are directly related to the employees’ duties and responsibilities, performance evaluation also seeks to assess other additional aspect that as much as they might not be directly related to the duties and responsibilities of the employee, they have a significant impact on the employee’s capacity to effectively dispense their duties and responsibilities (Smither & London, 2009). Some of these factors might include: the ability of the employee to make timely decisions, the interpersonal skills of the employee and the ability of the employee to work with minimal supervision (Harvard Business School, 2009). There are various benefits that are associated with performance evaluation with the most obvious benefit being the fact that such exercises can be used to improve the overall performance of the employee under appraisal. This is because during such e valuations, specific aspects that have the potential to impact on the performance of the employee are analyzed and through these analyses, the Human Resource department of the organization can use the information obtained thereof to assess any weaknesses regarding the

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