Business Terms and Jargon Explained
What is Appraisal
This is an analysis of a product, person or situation. It is evaluated either for monetary value or efficiency.
1) Staff have appraisals so that management can see how well the staff are performing and how if any training is working. It is also a way to appraise how a member of staff feels and fits into the organisation.
2) Art, jewellery, cars etc are appraised for value were they authenticate the item and place a value based on its condition.
3) Management will appraise the situation, gathering data, feedback, expert advice and solutions before making a decision.
Search Jargon and Terms Database
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term created / updated 2017-05-03 18:04:59
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.