appraisal

(noun)

A judgment or assessment of the value of something, especially a formal one. A performance appraisal evaluates how well the salesperson met their prior stated objectives.

Examples of appraisal in the following topics:

  • Measuring Sales Force Performance

    • This can be done through conducting performance appraisals and offering feedback.
    • One key item that is often forgotten during the appraisal process (by managers and employees alike) is that the appraisal is for improvement, not blame.
    • Similarly, a salesperson will be appraised very differently than a researcher.
    • Performing an appraisal can be nerve racking for both parties if the situation is not handled correctly.
    • 2+2: This method demonstrates how appraisals can be used primarily for improvement purposes.

  • Business Analysis

    • A complete cost appraisal is also necessary as part of the business analysis.

  • Scanning and Analysis

    • All organizations should continuously appraise their situation and adjust their strategy to adapt to the environment.

  • Product Quality

    • However, good quality has its own costs, including prevention, appraisal, and failure.

  • Creating a Media Plan

    • As a result, many advertisers rely heavily on the research findings provided by the medium, by their own experience, and by subjective appraisal.