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360-degree appraisal method

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Reference no: EM133336829

Caribbean Money Managers Ltd has now established a branch in Latin America. The company has not recruited a new HR manager in the area, so the management team has decided to use Mr. Josh Clarke who is based in Barbados. Mr. Josh Clarke in an attempt to recruit new staff finds out that the compensation package offered is not as attractive in Latin America as it is in the Caribbean based on the exchange rate. He also notices that this will be a hard task when it is time to conduct appraisals, thus he has decided to use the 360-degree approach.

1. Discuss what the 360-degree system means and the process to carry it out.

2. Outline three sources that can be used with the 360-degree appraisal method.

3. Discuss any three disadvantages of the 360-degree feedback system.

Reference no: EM133336829

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