IB Business Management Practice Exam

The type of performance appraisal conducted by the individual being evaluated is known as self-appraisal. In a self-appraisal, employees assess their own performance, reflecting on their contributions, strengths, and areas for improvement. This self-evaluation can encourage personal accountability and self-awareness, allowing individuals to take ownership of their career development. It also facilitates open dialogue between employees and managers, as it fosters a culture of trust and can help identify discrepancies between self-perception and external evaluations.

In contrast, peer appraisal involves feedback from colleagues, managerial review refers to evaluations conducted by a supervisor or manager, and customer feedback relies on input from clients or customers regarding their experience with a service or product. Each of these methods has its own purpose and valuable insights, but self-appraisal uniquely emphasizes the employee's perspective on their performance.