Which of the following is the correct meaning of word "Appraisal" in the context of management?
A
Frequent guidance
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B
Unified command
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C
The act of estimating performance
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D
To illustrate
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Solution
The correct option is D The act of estimating performance
The management audit is a process of systematically examining, analyzing and appraising management's overall performance. 'Appraisal' in the context of management is the act of estimating the performance.